Financial Literacy 6th grade

Question 1

You should always be aware of your ____________ before spending money on something.

Accepted Answer

checking balance

Question 2

Mr. Young spent $80 at Chuck E. Cheese, but only had $20, so he was charged a/an _____________.

Accepted Answer

overdraft fee

Question 3

Some kids work in the campus cafeteria to help pay for college. This is known as __________.

Accepted Answer

work-study

Question 4

Karli's checking account balance was so low, she decided to __________ money from her savings.

Accepted Answer

transfer

Question 5

Mrs. Cooper's _____________ was lower than 580, so no one would lend her money.

Accepted Answer

credit score

Question 6

______________ allow you to pay for items in installments over time.

Accepted Answer

credit cards

Question 7

____________ must be repaid with interest.

Accepted Answer

student loans

Question 8

Donovan has a high credit score, so ____________ consider him a good risk.

Accepted Answer

lenders

Question 9

Thanks to his black belt and impressive talent for the banjo, Dylan earned a ______________ .

Accepted Answer

scholarship

Question 10

Max bought toilet paper with his debit card. That money gets pulled from his ________.

Accepted Answer

checking account

Question 11

Many adults keep track of their money by logging all transactions in a __________________.

Accepted Answer

check register

Question 12

_______ or more is considered a good credit score.

Accepted Answer

700

Questions 12