WorksheetsFinancial Literacy | Topic 1, Lesson 1 Quiz
Total questions: 7
Worksheet time: 4mins
Which of the following was NOT a learning target for this lesson?
Describe what personal finance is.
Analyze personal finance as it relates to the normal American family.
Identify reasons why people don't do well with personal finance
Which definition best defines Personal Finance?
all the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time.
All your personal finances
Learning how to handle money
The process of earning a profit by selling products.
A person or organization that uses a product or service, is a?
Consumer
Producer
Personal Finance User
Human
money owed to another person or company, is?
Debt
Credit
Debit
loan
an expression used to describe a person or household whose monthly income is devoted to expenses and has little to no savings, is?
Living Paycheck to Paycheck
Being Broke
Regular US American
Budgeting
Personal Finance is
80% Behavior, 20% Knowledge
20% Behavior, 80% Knowledge
100% Behavior
100% Knowledge
Personal Finance: all the financial decisions an individual or family must make in order to_____?
Please select ALL the correct responses.
Earn
Budget
Save
Spend
Gamble
