Life Skills

9th -

12thgrade

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Creating a Personal Budget

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15 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    Which of the following is an example of a personal asset?

    Credit card balance

    Rent

    Cash

    Mortgage

  • 2. Multiple Choice
    30 seconds
    1 pt

    An individual has total assets of $120,000 and total liabilities of $80,000. What is his net worth?

    $40,000

    $50,000

    $60,000

    $30,000

  • 3. Multiple Choice
    30 seconds
    1 pt

    What does “A” represent in SMART goal setting practices?

    Analyzed

    Adaptable

    Achieved

    Attainable

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