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Vocabulary Related to Money and Finance Quiz

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What is the term for money that you set aside for future use?

a)

Spending

b)

Saving

c)

Borrowing

d)

Earning

2.

Which of the following is a plan for how to spend your money?

a)

Budget

b)

Loan

c)

Interest

d)

Currency

3.

What do we call the different forms of money used in different countries?

a)

Budget

b)

Currency

c)

Savings

d)

Interest

4.

What is the amount of money you pay to borrow money called?

a)

Savings

b)

Interest

c)

Budget

d)

Currency

5.

If you want to buy something but don’t have enough money, what might you need?

a)

Savings

b)

Budget

c)

Loan

d)

Currency

6.

What is it called when you keep track of your income and expenses?

a)

Saving

b)

Budgeting

c)

Borrowing

d)

Investing

7.

Which of the following is NOT a type of currency?

a)

Dollar

b)

Euro

c)

Interest

d)

Yen

8.

What do you call the money you earn from working?

a)

Savings

b)

Income

c)

Loan

d)

Budget

9.

What is the term for the money you owe to someone else?

a)

Savings

b)

Debt

c)

Interest

d)

Currency

10.

What is it called when you receive money from a bank to buy a house?

a)

Budget

b)

Loan

c)

Savings

d)

Currency

11.

Which of the following is a way to save money?

a)

Spending all your money

b)

Keeping money in a piggy bank

c)

Ignoring your expenses

d)

Borrowing money

12.

What do we call the extra money you earn on your savings?

a)

Budget

b)

Interest

c)

Loan

d)

Currency

13.

What is the term for a plan that helps you manage your money wisely?

a)

Budget

b)

Loan

c)

Currency

d)

Interest

14.

Which of the following is a common type of currency in Europe?

a)

Dollar

b)

Euro

c)

Yen

d)

Peso

15.

What is it called when you take money from a bank and promise to pay it back later?

a)

Saving

b)

Budgeting

c)

Loan

d)

Interest