SS6E13 Money Management Flashcards

1

Financial responsibilities, such as bills.

Income
Saving
Credit
Expenses

2

What should you do with money once your bills are paid?

Pay for electricity
Put some into savings
There won't be any money left
Go to the movies

3

Money received from work, investments, or other financial support

Wage
Debit
Credit
Income

4

Money owed

Credit
Expenses
Interest
Debt

5

A plan for spending and saving one's income

Salary
Budget
Credit Cards
Expenses

6

What is an ADVANTAGE of using a credit card?

None of these
Build good credit history
Build debt
Spend more than you have

7

Money set aside for later use or in case of emergencies

Debt
Expenses
Savings
Credit

8

What a person earns from hourly work

credit
expenses
commission
wage

9

% of an amount of borrowed money that must be paid back in addition to the loan itself.

Commission
Savings
Debt
Interest

10

How can a person have an income without working?

All of the above
Veterans Benefits
Government Assistance
Retirement

11

Which is a want?

iPhone 8 Plus
Shelter
Clothing
Food

12

Money earned as a percentage of a sale or service

Savings
Credit
Commission
Interest

13

What does not affect how much you get paid?

Education
How Necessary
Skill Level
Appearance

14

Which is a need?

Fortnite
Water
Jordan Shoes
Netflix

15

A loan of money

credit
interest
debt
savings

SS6E13 Money Management

Questions 15

SS6E13 Money Management

Questions 15