Personal Finance

How often should you review your monthly home budget?

• Daily

• Every Two Years

• Monthly

What is the First Principle of Finance?

• Make Your Money Work For You

• Spend Less Than You Earn

• Protect Your Money

What is the Second Principle of Finance?

• Make Your Money Work For You

• Spend Less Than You Earn

• Protect Your Money

What is the Third Principle of Finance?

• Spend Less than You Earn

• Make Your Money Work For You

• Protect Your Money

Choose all the following POSSIBLE influencers on Social Media. (Choose all that apply)

• Fitness

• Food

• Money

• Music

Portions of Money taken out of a paycheck (Gross Pay) before you receive your money (Net Pay) are called _________.

(Examples: Taxes, Retirement, Health Insurance, FICA)

• Interest

• Payments

• Deductions

• Tax Refund

According to the Pain of Paying YouTube video, which method of paying feels worse?

• Credit Card

• Cash

• Spare Change

• Check

In the Paradox of Value EdPuzzle, which values are being compared directly before the first question?

• Face Value and Use Value

• Use Value and Monetary Value

• Exchange Value and Use Value

• Exchange Value and Sentimental Value

Using this Pay Stub, which value shows the total "current deductions" of the taxpayer?

• $315.21

• $284.79

• $2563.11

• $334.80

Name two types of Ownership Investments mentioned in the Personal Finance unit?

• Certificate of Deposit and Bonds

• Bonds and Dividends

• Stocks and Gains

• Real Estate and Stocks