Money Management
Authored by Jen G
Life Skills
6th - 12th Grade
Used 568+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The money that you receive for mowing the lawn, babysitting or getting an allowance is called__________.
Income
Credit
Debt
Interest
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT true about the difference between credit cards and debit cards?
Purchases made with a debit card come directly out of your bank account
You must pay off your credit card bill monthly or there will be penalties
You must have a bank/checking account to use a debit card
Credit cards use money from your savings account
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The essentials you can't live without are called:
Wants
Needs
Income
Expenses
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you are buying groceries at the store and want to use the money in your bank account, you should pay with ______
Cash
Gift card
Debit card
Credit card
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a good reason to save money?
To have money to buy things
To have money put aside for emergencies
For a future purchase
All of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It's important to spend money on things you need before spending money on things you want:
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a need for most people?
An expensive car
A big-screen TV
Designer jeans
A place to live
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