Personal Finance
Authored by Christine Smith
Social Studies
6th - 8th Grade
Used 5+ times
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50 questions
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1.
OPEN ENDED QUESTION
1 min • 1 pt
What are 3 ways to use money?
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2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A ____ is a written plan that outlines how money should be used.
net worth statement
income sheet
budget
money allocations sheet
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In a budget, is it okay to use only a portion of your money?
True
False
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The ____ is a business or institution for receiving, keeping, and lending money.
budget
lender
bank
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the purpose of a bank?
To give out loans to people buying a house.
To hold money for people.
To have as many people with checking accounts as possible.
To make money.
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An account that allows a person to write a check from their account to pay for goods or services.
Investment Account
Checking Account
Money Market Account
Savings Account
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An account that offers a convenient way to save money.
Investment Account
Checking Account
Money Market Account
Savings Account
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