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Worksheets

Your Financial Future Quiz

Total questions: 25

Worksheet time: 1hrs 15mins

Name
Class
Date
1.

Helps covers the costs of your medical expenses. That can include doctor visits, surgeries, prescriptions, etc.

a)

Health Insurance

b)

Parks

c)

Schools

d)

Life

2.

Is the amount you pay the insurance company for coverage, and is usually paid each month.

a)

Premium

b)

Money

c)

Gift Card

d)

Monopoly

3.

the amount you are personally required to pay before your insurance covers the cost.

a)

Deductible

b)

Stipend

c)

Overtime

d)

Full Time

4.

this is what you have to pay once you meet and pay off your deductible, you usually have to pay a percentage of the medical costs usually around 10 to 20% of your health care plan.

a)

Co-Insurance

b)

Knowledge

c)

Monopoly

d)

Bills

5.

a fixed fee you pay for specific medical services, like a visit to the doctor's office or the emergency room.

a)

Copay

b)

Fine

c)

Wallet

d)

Account

6.

is the most you have to pay for health care in a full year outside of premiums. Once your deductible plus copay or coinsurance reaches this amount, the insurance company will pay for everything beyond that.

a)

Annual Out Of Pocket Maximum

b)

Dinner

c)

Bill

d)

Invoice

7.

is the amount you have to pay when first renting an apartment, that is used to pay for any damage you may do to the apartment while you are staying there.

a)

Security Deposit

b)

Overtime

c)

Part-Time

d)

Full-Time

8.

this insurance covers all belongings in your apartment in case something bad happens.

a)
Auto insurance
b)

Checks

c)
Health insurance
d)
Renter's insurance
9.

this insurance covers any damage you may cause to another person or their vehicle. It is required in the state of Florida.

a)

Home Insurance

b)
Liability insurance
c)

Math

d)

Knowledge

10.

is the insurance that covers your car and any damage that occurs to it in an accident that you are at fault for.

a)
Collision insurance
b)

Homework

c)

Dinner

d)
Liability insurance
11.

covers any medical or repair bills in case you get in an accident with another driver who does not have car insurance.

a)

Roblox coverage

b)

Work

c)

Breakfast

d)
Uninsured motorist coverage
12.

covers your vehicle in the event or case of damage due to storms or theft.

a)

Life

b)
Comprehensive insurance
c)

Health

d)

Everyday

13.

covers your house and your property (i.e. your yard).

a)

Health insurance

b)
Auto insurance
c)
Homeowners insurance
d)

Life Insurance

14.

A ____________ is your spouse or children or family member or who ever you assign that gets what you own inherited if something happens to you.

a)

Beneficiary

b)

Mental

c)

Pet

d)

Physical

15.

is how likely it is you'll lose money on an investment.

a)

Mental

b)

Return

c)

Reward

d)

Risk

16.

is how much money you could potentially earn from an investment, and it is usually expressed as a percentage.

a)

Return

b)

Risk

c)

Consequence

d)

Toss Up

17.

Means that your portfolio includes a mix of investment of different risk levels.

a)

Work

b)

Diversification

c)

Money

d)

Monopoly

18.

Generally the higher the risk the higher the potential return or loss.

a)
True
b)
False
19.

Generally the lower the risk the higher the potential return or loss.

a)
True
b)
False
20.

is a loan to a company or government. It has a specific date when it gets paid back in full.

a)
Bond
b)

Work

c)

Rent

d)

Checks

21.

is a small piece of ownership in a company which means that it grows in value when the company grows in value.

a)

value

b)

Stock

c)

money

d)
bond
22.

A place where stocks are traded, they exsist all over the world.

a)

Stock Exchange

b)

McDonalds

c)

Playground

d)

School

23.

Skyler and Elijah have $30. They want to buy a Sonic plush for $15 and a Sonic Lego set for $20.

Do they have enough money?

a)

no, they will be -$5

b)

no, they will be -$29

c)

yes

d)

There is Sonic Lego's????

24.

What is debt?

a)

Money owed

b)

Money that is spent on goods, services, and bills

c)

 A fee received or paid for the use of money

d)

Required payments to the government

25.
Bank of America issues you a credit card with a maximum balance of $1,000.  This is an example of:
a)
Finance Charge
b)
Co-Signer
c)
Minimum Payment
d)
Credit Limit