WorksheetsPersonal Finance Vocabulary Quiz #3
Total questions: 15
Worksheet time: 8mins
What is the term for the maximum amount that can be borrowed on a credit account?
Gross Pay
Net Pay
Credit Limit
Minimum Payment
What is the term for the amount of money needed to maintain a certain lifestyle?
Cost of Living
Economic Stability
Income Stream
Spending Plan
What is the term for the amount of money received after deductions?
Credit Limit
Savings Account
Gross Pay
Net Pay
What is the term for managing money wisely and meeting obligations?
Consumer Debt
Financial Independence
Financial Responsibility
Withholding
What is the term for the percentage charged for borrowing money?
Minimum Payment
Net Pay
Interest Rate
Cost of Living
What is the term for a source of money received regularly?
Gross Pay
Income Stream
Savings Account
Spending Plan
What is the term for the smallest amount required to pay on a debt?
Interest Rate
Net Pay
Credit Limit
Minimum Payment
What is the term for a condition where finances are steady and predictable?
Consumer Debt
Economic Stability
Financial Planning
Cost of Living
What is the term for total earnings before any deductions are taken out?
Income Stream
Net Pay
Gross Pay
Credit Limit
What is the term for a plan for how money will be used each month?
Economic Stability
Spending Plan
Financial Responsibility
Savings Account
What is the term for money owed for personal purchases?
Consumer Debt
Credit Limit
Minimum Payment
Net Pay
What is the term for a bank account used to store money and earn interest?
Gross Pay
Spending Plan
Income Stream
Savings Account
What is the term for money taken out of a paycheck for taxes?
Withholding
Net Pay
Interest Rate
Financial Planning
What is the term for the process of setting goals and managing money?
Financial Planning
Consumer Debt
Cost of Living
Economic Stability
What is the term for the ability to support oneself without assistance?
Income Stream
Savings Account
Financial Responsibility
Financial Independence
