Money Management Assessment

Money Management Assessment

8th Grade

15 Qs

quiz-placeholder

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Money Management Assessment

Money Management Assessment

Assessment

Quiz

Life Skills

8th Grade

Hard

Created by

Tory Williams

FREE Resource

15 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

The length of time a 'long-term' goal is set for:

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

The length of time a 'short-term' goal is set for:

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OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

The length of time an 'intermediate-term' goal is set for:

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Making a goal and following it through is best done through setting a SMARI goal. What does each letter of SMART stands for regarding goal setting?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is wrong with the following SMART goals? WHAT SMART section is missing? Goal #1: To buy a used 2006 Toyota Camry next June. (This goal doesn't tell what?) Goal #2: To save $200.00 for a shopping trip. (This goal doesn't tell what?)

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

Regarding spending plans (budgets), explain the difference between fixed and flexible expenses and give an example of each.

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

List 2 types of income that could be included in a budget. Fixed:

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