Font size
WorksheetsWhat have you learned...money?
Total questions: 25
Worksheet time: 17mins
Inflation
what I can expect to earn in a month
the increase of prices over a period of time
my pay after taxes
A plan for spending and saving your money
net earnings
chocolate ice cream
a budget
A withdrawl from a checking account is
addition
subtraction
A deposit to a checking account is
addition
subtraction
A checking account register is used to
find the library
practice my signature
keep track of all transactions and my account balance
What is a signature?
a budget record form
a handwritten name used as identification
a plan for spending money
If you have $600 in your checking account and deposit $200,
how much is your balance?
(a)
Draw a cents sign.
Draw a dollar sign.
Interest earned on a savings account is considered
a deduction
an addition
Which is a feature of a debit card?
It allows you to borrow money
It withdraws money directly from your checking account
It accumulates interest over time
Keeping track of checking account transactions is
easy
not necessary
fun
difficult
The money you have after taxes and deductions,
is net or gross earnings?
(a)
Is RENT a fixed or flexible expense?
fixed
flexible
Are movie theater tickets a want or need?
want
need
It is important to save some money from every paycheck.
Choose one.
yes always
only if there's some money leftover
never
yes, when I am 35 years old
Three hundred thirty-five dollars and 35/100.
$135.35
$35.35
$335.35
Draw how much money you expect to earn,
per hour, at your first job.
Water park tickets, new Jordans and jewelry
are examples of
needs
wants
Your total paycheck amount before any deductions is called
salary
gross pay
net pay
How much money should you have saved in an emergency fund?
1 month worth of expenses
6 months worth of expenses
Nah, I'm good, I'll use a credit card
You must always write a check when you use your debit card for an ATM withdrawal.
True
False
What do you think is the most important reason for using a check register
to keep track of your banking transactions.
to always know your balance
because Mrs. Mittskus said so
to practice math skills
to be prepared to file income taxes
Why do I need a good credit score?
to be able to finance your McDonalds meal
to increase your chances of credit card approval and apartment rental
to allow your parents to take out a loan in your name
I feel ready to open and responsibly manage a checking account.
yes
no
not quite yet
never
