Financial Literacy
Authored by Amanda Sheakoski
Special Education
11th Grade
Used 3+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a fixed expense
An expense that goes towards fixing items at home
An expense that an change over time
An expense that stays the same every month
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a flexible expense?
An expense that stays the same every month
An expense where the amount due can change over time
An expense that covers multiple charges
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: Rent is a fixed expense
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: Electricity is a fixed expense
True
False
5.
MULTIPLE SELECT QUESTION
45 sec • 2 pts
Find the TWO pros for having a credit card:
Helps build your credit score
Overspending
Debt Accumulation
Emergency Fund
6.
MULTIPLE SELECT QUESTION
45 sec • 2 pts
Find the TWO cons for having a credit card
Credit Score Damage
Interest Rates
Rewards Programs
Convience
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: If you do not pay off your credit card balance, interest can be added to your credit card bill
True
False
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