Money Management

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1 point

What information remains the same on every check you write?

Amount

Payee

Signature

Date

1 point

When making a deposit what math function do you have to do to figure your new balance in your check register?

subtraction

divide

addition

multiply

1 point

What to banks do?

Keep your money safe & hold your money in accounts

Hold your money in accounts & control how you spend it

Keep your money safe & control how you spend it

Make you rich & add money to your account

1 point

What do banks offer?

Savings/Checking Accounts/Credit Cards/Investement Accounts

Ways for you to keep your money

Savings/Checking Accounts/Loans/Credit Cards/Investement Accounts

Savings/Checking Accounts/Loans/Credit Cards

1 point

What is a fixed expense?

Expenses that do not change in value.

Expenses that you have no control over

Expenses that do change in value.

Expenses that you cannot afford.

1 point

What is income?

The amount of money that you would like to have

The amount of money that you save

The amount of money you earn

The amount of money you spend

1 point

What is a flexible expense?

Expenses that you cannot pay.

Expenses that do not change in value each time you pay them.

Expenses that you do not have to pay.

Expenses that change in value each time you pay them.

1 point

What is interest?

Something that keeps your attention

Something that you don't want to have to pay

The extra money taken out of your account during an ATM withdrawl

The extra money paid when money is used or borrowed by someone else

1 point

When writing a check or making an ATM withdrawl what math function do you have to do to figure your new balance in your check register?

divide

multiply

add

subtract

10.

1 point

Who is the payee or pay to the order of?

Person or business you are paying

The amount you are paying written out

What you spent your money on

You

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