Personal Finance

Personal Finance

6th Grade

26 Qs

quiz-placeholder

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Personal Finance

Personal Finance

Assessment

Quiz

Geography

6th Grade

Medium

Created by

Thomasyne Harrison

Used 69+ times

FREE Resource

26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An example of a need is

Food

A BMW

A mansion

Nike shoes

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

an arrangement by which a buyer can take possession of something now and pay for it in the future, usually with interest

Loan

Credit

Interest

Investment

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

a home loan

Mortgage

expenses

Bills

Credit

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Money taken in; the source could be a gift or prize, money earned from performing a task, an allowance, earnings at a job, or earnings from an investment

Income

Outcome

expenses

Interest

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Money paid regularly by a bank to the account holder for money being saved

Bond

Stock

Interest

Certificate of Deposit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money set aside now in order to grow money for the future

Investment

Interest

Philanthropy

Personal Finance

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Interest is:  
The cost of borrowing money 
A good thing to have to pay
The amount of money that you borrow to buy something 
 A word that we used in class but has no real meaning 

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