Home Library Explore SAT

Home Library Explore SAT

Money Matters Flashcards | StudBud

Explore/Money Matters

A budget helps you to track your ________ and __________.

_________________________ is the ability to make wise decisions with your money.

Money Matters

9 terms·StudBud Administration·41 plays

Let's see what you already know about money.

Flashcards9 cardsFPractice quizPHost liveL

Questions 9

Answers

1
_________________________ is the ability to make wise decisions with your money.
Financial Responsiblity
Financing
Financial Literacy
Fit Lit
2
A budget helps you to track your ________ and __________.
salary and taxes
loans and credit
needs and wants
income and expenses
3
You have to be an adult, 18 years or older, to save money.
True
False
4
Credit means you are able to buy something before payment.
False
True
5
What is the purpose of taxes?
Money paid regularly for working.
The state of owing money.
Money a person is required to pay to support government activities.
A document provided to make a payment directly from your checking account.
6
What is the purpose of Money?
a tool used to keep track of your income and expenses
a number used to count
a financial institution
a resource used to buy goods and services
7
What is a loan?
A financial institution that is not for profit.
A person or organization that lends money.
The state of owing money.
A lump sum of money that is borrowed and paid back over time.
8
The term used to describe "money spent on something"
Income
Wants
Expenses
Money
9
A detailed statement of an individual's credit history is called a __________________
Credit Card
Credit Report
Credit Score
Credit Stats