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Module 1: Money Management

Authored by Portia Studenroth

Financial Education

11th Grade

Used 2+ times

Module 1: Money Management
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a need?

a. a new car

b. a clothes dryer

c. a place to sleep

d. lunch at a local restaurant

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following factors can influence decisions? (Select all the apply)

age

values

family

peers

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

A value can be described as

something basic for your survival

something you desire to make your life more comfortable

a willingness to give up something now in exchange for a future benefit

a belief or idea you consider important or desirable

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Autumn set a goal to buy a used car in the next few months. She plans to make a $3,000 down payment and has already saved $1,000. If she saves $250 each month, how long will it take her to buy the car?

6 months

7 months

8 months

10 months

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Brynn wants to buy a new horse before she starts to compete in college rodeo. A friend at the stable agrees to sell her the horse for $5,000 in 8 months. This is an example of what type of goal?

short-term

medium-term

long-term

financial-term

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In three months, Blake wants to buy two new display cases for his sneakers. Each case costs $300. How much will Blake need to save each month to reach his goal?

$200

$500

$75

$600

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In six months, Aiden wants to pay off his truck. Half of the total cost was paid when he first bought it. The total cost was $3,600. How much will he need to save each month to pay off the balance owed?

$100

$200

$300

$1,800

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