

Personal Finance - SECOND VERSION
Presentation
•
Social Studies
•
8th Grade
•
Hard
Justin Barlow
Used 4+ times
FREE Resource
30 Slides • 9 Questions
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What do you think the household income in Douglasville is from the last census?
What do you think the per person income is from the last census?
6
What do you think the household income in Douglasville is from the last census?
What do you think the per person income is from the last census?
$77,000
7
What do you think the household income in Douglasville is from the last census?
What do you think the per person income is from the last census?
$77,000
$37,000
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What do you think the average ANNUAL household debt in Georgia is? (Ex: Mortgage, auto loan, school loans)
What do you think the average household credit card debt in Douglasville from the last census?
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What do you think the average ANNUAL household debt in Georgia is? (Ex: Mortgage, auto loan, school loans)
What do you think the average household credit card debt in Douglasville from the last census?
$135,674
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What do you think the average ANNUAL household debt in Georgia is? (Ex: Mortgage, auto loan, school loans)
What do you think the average household credit card debt in Douglasville from the last census?
$135,674
$12,284
31
Multiple Choice
What is income?
Money earned by a worker in a year
Money spent
Money set aside for future use
Using money in hopes of gaining more in the future
32
Multiple Choice
What is saving?
Amont of money used for purchasing items
Setting aside money for future use
Amount of money a worker earns
Amount of money spent in a day
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Multiple Choice
My family uses a _____________
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Multiple Choice
What is an expenditure?
Money earned by a worker
Money spent
Benefits from a job
Money saved
35
Multiple Choice
Joey was approved for a credit card and soon spent over $2000. What is the money owed called?
Debit
Savings
Debt
Bankruptcy
36
Multiple Choice
______________ money paid by the borrower for the use of money that was loaned to him/her
Interest
Debt
Loan
Income
37
Multiple Choice
How does creating a household budget help you?
It will enable you to manage his monthly income wisely and cut down on unnecessary spending.
It will allow you to boost your monthly earnings and lower the taxes you owe to the government.
It will assist you in reducing the savings needed to achieve his major financial objectives each month.
It will help you minimize the risks associated with financial investments and ensure a high return.
38
Multiple Choice
What is the best reason to save money?
To spend on immediate desires
To ensure financial security for family
To plan for future goals
To have cash available at all times
39
Multiple Choice
What is a risk of carrying too much debt?
being required to work without pay
being required to pay higher taxes
being unable to receive future credit
being unable to earn a reliable income
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