Midterm_Financial Literacy

Flashcard
•
Mathematics
•
12th Grade
•
Hard
Standards-aligned
Quizizz Content
FREE Resource
Student preview

15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is a fixed expense?
Back
A fixed expense is a cost that does not change from month to month, such as rent or car payments.
2.
FLASHCARD QUESTION
Front
According to the 50/30/20 rule, what percentage of your income should be allocated to savings or debt repayment?
Back
20% of your income should be saved or used to pay off debt according to the 50/30/20 rule.
3.
FLASHCARD QUESTION
Front
What is a 401(k) match?
Back
A 401(k) match is an employer contribution to an employee's 401(k) plan that is based on the employee's own contributions.
4.
FLASHCARD QUESTION
Front
How does a positive credit history affect interest rates?
Back
A positive credit history typically results in lower interest rates on loans and credit.
5.
FLASHCARD QUESTION
Front
What can positively affect your credit history?
Back
Paying bills consistently and on time can positively affect your credit history.
6.
FLASHCARD QUESTION
Front
What is a variable expense?
Back
A variable expense is a cost that can change from month to month, such as groceries or entertainment.
7.
FLASHCARD QUESTION
Front
Define the term 'credit score'.
Back
A credit score is a numerical representation of a person's creditworthiness, based on their credit history.
Create a free account and access millions of resources
Similar Resources on Quizizz
15 questions
Unit 4 Review: Credit Cards, Credit Score & Identity Theft

Flashcard
•
12th Grade
15 questions
Credit vocab and calculating monthly payments

Flashcard
•
12th Grade
15 questions
Personal Finance Vocabulary Flashcard

Flashcard
•
12th Grade
15 questions
Understanding Credit Card Statements

Flashcard
•
12th Grade
15 questions
Credit Card Vocab

Flashcard
•
12th Grade
15 questions
Interest Calc,Loan Amortization, Financial Literacy Review

Flashcard
•
12th Grade
9 questions
Personal Finance Review

Flashcard
•
12th Grade
10 questions
Managing Credit

Flashcard
•
12th Grade
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade