Search Header Logo

Quiz: Personal Finances

Authored by Keilandra Scruggs

Financial Education

7th Grade

Used 15+ times

Quiz: Personal Finances
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 8 pts

What is a budget

A list of things you want to buy

A plan for how to spend and save money

A type of bank account

A tax on purchases

2.

MULTIPLE CHOICE QUESTION

30 sec • 9 pts

If you earn $50 per week and and spend $30, how much do you save

$50

$30

$20

$10

3.

MULTIPLE CHOICE QUESTION

30 sec • 8 pts

Which of the following is a fixed expense?

Buying a snack

Monthly rent payment

Going to a concert

Buying a birthday gift

4.

MULTIPLE CHOICE QUESTION

30 sec • 9 pts

If you want to save money for a big purchase, what should you do?

Spend all your money now

Create a savings plan and set aside money each month

Use a credit card to buy it immediately

Borrow money from a friend

5.

MULTIPLE CHOICE QUESTION

30 sec • 8 pts

What is the memo line on a check used for?

To sign your name

To write a note about the purpose of the check

To record your PIN number

To write the check number

6.

MULTIPLE CHOICE QUESTION

30 sec • 9 pts

Who is the payee on a check

The person writing the check

The person or company receiving the money

The bank processing the check

The government

7.

MULTIPLE CHOICE QUESTION

30 sec • 8 pts

What must you do after filling out a check to make it valid?

Leave it blank

Sign your name

Write a personal note

Take it to the bank immediately

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Microsoft

Continue with Microsoft

or continue with

Facebook

Facebook

Apple

Apple

Others

Others

Already have an account?