Understanding Internet Banking
Authored by Christine Rogers
English
7th Grade
Used 3+ times
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23 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a plan for how you will spend your money in a certain period of time called?
Income
Budget
Expenses
Saving
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term describes the money you earn from working, investments, or other sources?
Expenses
Saving
Income
Debt
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for the money you spend on goods and services?
Expenses
Credit
Interest
Financial Goal
4.
OPEN ENDED QUESTION
3 mins • 1 pt
What does 'Saving' mean in personal finance?
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5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is 'Investing' in the context of personal finance?
Money that you owe to others
Using your money to buy assets that you hope will increase in value over time
The fee charged by a lender to a borrower
A specific objective or target you aim to achieve with your finances
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for money that you owe to others, usually with interest?
Credit
Debt
Interest
Emergency Fund
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does 'Credit' refer to in personal finance?
The ability to borrow money or buy goods and services with the promise to pay for them later
Money set aside to cover unexpected expenses
The money you spend on goods and services
A specific objective or target you aim to achieve with your finances
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