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- 1. Multiple ChoiceWhich of the following is an example of a need for most people?A place to liveA nice carDesigner jeans
- 2. Multiple ChoiceIt's important to spend money on things you need before spending money on things you want.TrueFalse
- 3. Multiple ChoiceWhich of the following is an example of a want for most people?A warm jacketTransportationIce cream
- 4. Multiple ChoicePeople who earn paychecks pay income taxes to the government.TrueFalse
- 5. Multiple ChoiceA salary is paid over a set period of time.TrueFalse
- 6. Multiple ChoicePeople who are paid by the hour earn a salary.TrueFalse
- 7. Multiple ChoicePaying with a ______ _____ takes cash of your checking account.Credit cardDebit CardGift Card
- 8. Multiple ChoiceWhat's the best way to know if you are getting a good deal on what you're buying?Return policyCompare pricesAsk Friends
- 9. Multiple ChoiceFood, heat, cable, internet, and dog food are examples of what?Household assetsHousehold incomeHousehold expenses
- 10. Multiple ChoiceHaving enough money to cover all your expenses mean you have ____DebtBalanced BudgetUneven Budget
- 11. Multiple ChoiceIf you are buying groceries at the store and want to use the cash in your bank account, you should pay with your ______Debit cardCredit CartGift CardCash
- 12. Multiple ChoiceHow is buying with credit different than paying with cash?With credit, you don't have to pay interestWith credit, you borrow money and repay later, with interestNo difference
- 13. Multiple ChoicePaying for something with cash can help you avoid spending more money than you have.TrueFalse
- 14. Multiple ChoiceWhat is a good reason to save money?To have money to buy thingsTo have money put aside for emergenciesFor a future purchaseAll choices
- Answer choicesTagsAnswer choicesTags