Personal Finance 1

Personal Finance 1

Assessment

Flashcard

Other

7th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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20 questions

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1.

FLASHCARD QUESTION

Front

The purchasing power of a dollar 20 years ago

Back

was more than it is today

2.

FLASHCARD QUESTION

Front

Things like food and shelter are

Back

necessary and needs

3.

FLASHCARD QUESTION

Front

a brand new video game that just came out is a

Back

want

4.

FLASHCARD QUESTION

Front

Saving money for the dance this Saturday is a

Back

short term goal

5.

FLASHCARD QUESTION

Front

What does a budget do?

Back

helps keep you out of debt, helps you properly manage your money, is financially responsible

6.

FLASHCARD QUESTION

Front

Your house payment is a

Back

fixed cost

7.

FLASHCARD QUESTION

Front

If you have $1000 left after paying all of your bills you have a

Back

surplus

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