Account where you put money to be held for a long period of time.
Personal Finance Vocabulary #1
6th - 8th Grade
•18 Qs
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Personal Finance Vocabulary #1
Quiz
•
Social Studies
•
6th - 8th Grade
•
Medium
Rebecca Galka
Used 131+ times
FREE Resource
18 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
checking account
savings account
asset
credit card
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The account that you can use to make payments with a check.
checking account
savings account
credit card
finances
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
If you use a credit card,
You may have to pay interest in addition to purchase price
You can make purchases you do not have the money for.
You never have to pay back the money.
You have to pay back the money you spend.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount you are paid for each hour you work.
paycheck
savings account
asset
hourly wage
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A monetary penalty for doing something wrong.
Bonus
Fine
charge
income
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A monthly payment for services or products.
financial literacy
wage
bill
codes
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When more money is spent than available in an account. Usually results in fines.
overdraft
fine
saving
careful budget planning
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