Personal Finance 5

Personal Finance 5

6th - 8th Grade

10 Qs

quiz-placeholder

Similar activities

EXAMEN TERCER TRIMESTRE FORMACION CIVICA

EXAMEN TERCER TRIMESTRE FORMACION CIVICA

1st - 10th Grade

10 Qs

Teatro griego

Teatro griego

8th Grade

10 Qs

VALORES PERSONALES, SOCIALES Y TRASCENDENTALES

VALORES PERSONALES, SOCIALES Y TRASCENDENTALES

6th - 8th Grade

10 Qs

musical notes

musical notes

1st - 11th Grade

10 Qs

Mikołajki

Mikołajki

6th Grade

15 Qs

Hadis 0402

Hadis 0402

4th - 6th Grade

10 Qs

Oferta y demanda

Oferta y demanda

6th Grade

10 Qs

Dewey, Destiny and the Library

Dewey, Destiny and the Library

3rd - 6th Grade

10 Qs

Personal Finance 5

Personal Finance 5

Assessment

Quiz

Other

6th - 8th Grade

Hard

Created by

Melissa Houghton

Used 37+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the best use of credit?

You can't buy everything you want on your current income.
You have a credit card with a low interest rate.
You want to purchase something now instead of having to wait to use it.
You can take advantage of a sale price that is lower than the normal cost of the item plus your cost of credit.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an advantage of credit?

acquire valuable assets
allows consumers to take advantage of sales
interest increases the costs of purchases
useful in an emergency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is credit?

the ability to borrow money
a type of card used to get money from a checking account
a useful tool for borrowing more money that you can afford to repay
a way to borrow money that is only used by businesses and the government

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of a "real" investment?

a new house
piggy bank
savings account
stock mutual fund

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which statement explains what these items have in common: stocks, bonds, mutual funds, and certificates of deposit?

They are things that wealthy people purchase.
Banks sell them as a way to improve their profits.
They are ways to invest extra money.
They are bought by people as a way to save money.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does "Pay Yourself First" mean?

a person spends money on goods and services and saves whatever is left over at the end of the month
a person decides to invest their money and then put their profit into savings
a person borrows money from the bank in order to start a savings account
a person saves before spending money on goods and services

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a plan for saving and spending?

a budget
a checking account
a savings account
a will

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?