Search form

unit personal financial literacy homework 2

  • State Superintendent
  • State Board of Education
  • State Education Boards
  • Statewide Virtual Charter School Board
  • State School Directories
  • Legal Services
  • Division Directory
  • Academic Standards
  • Accountability
  • Accreditation
  • Child Nutrition
  • College & Career Readiness
  • Education Technology
  • Educator Effectiveness
  • English Language Proficiency
  • High Quality Instructional Materials
  • Indian Education
  • Safe and Healthy Schools
  • School Choice
  • School Personnel Records
  • School Safety and Security
  • School Support
  • SoonerStart
  • Special Education
  • Standards and Learning
  • Student Development
  • Teacher Certification
  • Teacher of the Year
  • Title Services
  • Elevate Videos
  • Engage Teachers
  • ShapED My Life
  • Bid Solicitations
  • Civil Rights
  • Frequently Asked Questions
  • Grants and Nominations
  • Legislative Resources
  • OSDE Connect
  • Oklahoma Education Single Sign-On
  • Oklahoma Educators Hall of Fame
  • Oklahoma School Report Card
  • Open Records Request
  • School Finance
  • SDE Finances
  • Student Information
  • Student Transportation
  • Website A-Z Guide
  • Public Records

Personal Financial Literacy Teacher and Student Materials

back button icon

logo

Have an account?

pencil-icon

Personal Financial Literacy Unit 1-2 Tes...

9th - 11th grade.

User image

Personal Financial Literacy Unit 1-2 Test

user

38 questions

Player avatar

Introducing new   Paper mode

No student devices needed.   Know more

What is the knowledge and skill-set necessary to be an informed consumer and to manage your finances effectively? (Think about the name of this class)

The Five Foundations of Financial Success

Financial Literacy

Business Knowledge

What is a standard you set for yourself to achieve or reach?

financial plan

What keeps most Americans from building wealth?

Unemployment

Problems at Home

Lack of Financial Knowledge

Which of the following do you use to determine spending, saving, investing, etc.?

Credit Card Companies

Mortgage Lenders

What is the purpose of a credit score?

To apply for a credit card

To help you save money

A reliable assessment of your credit-worthiness and risk

To determine how quickly you can get out of debt

What is money that you earned but keep and don't spend?

Overdraft Fees

A person acquires a loan to buy a house this is called a

_________ is owing anything to anyone for any reason.

Which is a financial obstacle for typical American families?

Most American families are broke

Many American families have too much debt

Debt isn't a big deal

American families are all bankrupt

What is a written plan that manages all of your cash and spending each month?

Bank Statement

Credit Plan

You must be born into a wealthy family to become a millionaire.

Type of card issued by a bank that allows users to finance a purchase.

Business Card

Credit Card

Which of the following is NOT a good idea for getting out of debt?

Get a part-time job or work over-time

Quit borrowing money

Sell something

Borrow money from your parents to pay off a debt

Which of the following is NOT a need?

Using a credit card to purchase concert tickets that you can't afford is a smart decision.

What is a transactional bank account that allows easy access to your money?

Checking Account

Savings Account

What fee is used by banks in the US to punish account holders that irresponsibly spend when they don't have enough money in the account to cover the purchase?

Monthly Account Fees

Foreign Transactions Fees

The electronic transfer of your job earnings made by your employer directly into your bank account.

Mobile Banking

Account Transfer

Direct Deposit

Using a smartphone to perform banking tasks

Traditional Banking

Automated Teller Machine (ATM)

Bank Account Reconciliation

What is the number used by creditors to determine how much of a financial risk you are when giving you a loan?

a high number

random number

Credit Score

The asset that will depreciate quicker than anything else you will ever own.

Used Car (this is a trick, don't pick this one)

Making the minimum monthly payment on your credit card is a good financial strategy.

The demographic group that is most targeted by credit card companies

Millionaires

Senior Citizens

Adults Age 30 - 50

Being consistently delinquent on your bills (not paying on time) will give you a higher credit score.

Credit card debt and stress about money is a leading cause of divorce and broken relationships in the US

Which of the following is an example of a predatory lender?

Cash Advance

Payday Loan

Rent-to-Own Furniture

All of the Above

What is the amount of money you earn before taxes are taken out?

Taxable Income

Actual Income

What is your take-home pay, after taxes and deductions?

The form that your employer sends to both you and the IRS at the end of the year with the amount of your annual wages earned and the total taxes withheld.

Ways to build wealth include:

Begin to build wealth at an early age

Stay out of debt

Don't buy things that you don't really need

What is the simplest form used at the end of the year when filing your taxes?

123 easy peasy form

What is AGI?

Adjusted Gigantic Interest

A Great Idea

Any General Income

Adjusted Gross Income

Do some people OWE taxes when filing at the end of the year?

no, everyone gets a refund

yes, a person might owe if they didn't withhold enough in taxes

What happens if a person doesn't pay any tax they owe at the end of the year?

the government will charge 5% per month on the balance

the gov will immediately confiscate everything you own

automatic jail

What is the best indication that you are winning with money?

You have a high FICO score

You actually have some money to manage

You're able to pay your monthly credit card payment on time

You've read Dave Ramsey's latest personal finance book

How do you calculate a person's net worth?

The total value of everything they own

The value of everything they owe less the amount of everything they own

The value of everything they own less the amount of everything they owe

The total amount of money they have in the bank

Purchasing a new car is a smart investment.

What is your biggest wealth building tool?

Your education

Your income

Your bank account

The lottery

Explore all questions with a free account

Google Logo

Continue with email

Continue with phone

COMMENTS

  1. PDF learning focus

    Unit: Personal Financial Literacy Homework 2 Name Date COSTS OF A CUECVINC ACCOUNT aac:n Read each situation be ow, then circ e the choice that you think is the best banking so ution. In the ast column, describe why you believe it was the best banking solution. SITUATION 1. Monica typica ly has about

  2. Personal Financial Literacy

    Exercise 6. Exercise 7. Exercise 8. Exercise 9. At Quizlet, we're giving you the tools you need to take on any subject without having to carry around solutions manuals or printing out PDFs! Now, with expert-verified solutions from Personal Financial Literacy 1st Edition, you'll learn how to solve your toughest homework problems.

  3. PDF Personal Financial Literacy Student Worksheet Unit 2: Managing Your Money

    Personal Financial Literacy Student Worksheet Unit 2: Managing Your Money Name: _____ Class: _____ Date: _____

  4. PDF learning focus

    Homework 5 DAY 2 Comparing Simple and Compound Interest Student Handout 2 Homework 2 DAY 7 Financial Responsibility Student Handout 6 Homework 6 Financial Literacy Unit Test Test ©Maneuvering the Middle LLC, 2017 PERSONAL FINANCIAL LITERACY OVERVIEW PCADINCSS STANDARDS 8.12D Calculate and compare simple interest and compound interest earnings.

  5. Personal Financial Literacy Lesson 2: Budgets Flashcards

    Terms in this set (10) Budget. An effective way to help you save and spend. Income. The money received during a period of time from wages, interest, and others. Expenses. the cost from fixed, variable, and discretionary spending. Needs. All the monthly expenses that are needed to keep your life stable.

  6. Financial Literacy Unit 2 Flashcards

    A. Someone could steal your checkbook and have access to your savings. B. Someone could steal your debit card and have access to your savings. C. All of the answers are true. D. Checking is a bad place to keep yours savings because you might get that money mixed up with your spending money.ANSWER:D.

  7. Personal Financial Literacy Teacher and Student Materials

    Welcome to the Personal Financial Literacy Teacher and Student Resource Materials page! Economic Reasoning new! Economic Reasoning PowerPoint new! Economic Reasoning new! 1.1: Jobs vs Careers new! 1.2: Paying for a Post-Secondary Education new! 1.3: Income and Taxes new! 1.4: Goal Setting new! 1.5: Managing Your Income new!

  8. PDF Personal Financial Literacy

    Personal Financial Literacy - J.D. Smith Middle School

  9. Mastering Personal Financial Literacy: Unlocking the Answer Key to Unit

    Unit Personal Financial Literacy Homework 2 is a crucial tool in developing financial knowledge and skills. This article aims to provide a comprehensive answer key for Homework 2, covering various topics related to personal finance. The answer key will delve into key concepts such as budgeting, saving, investing, and managing debt. It will ...

  10. Personal Financial Literacy : 2. CAREERS AND INCOME

    the desire or need for a product or service. income. the money received for work, products sold, and from other sources, such as rent or investments. mean. an average. occupation. a person's usual work or business; a way of earning a living. salary. a fixed amount of money periodically paid to a person for work.

  11. Personal Financial Literacy Updated, 3rd Precision Exams Edition

    The personal focus of this course makes it relevant and meaningful to those just starting down the path to personal financial independence. MindTap for Personal Financial Literacy, Updated Precision Exams Edition, 3rd edition is the digital learning solution that helps teachers engage and transform today's students into critical thinkers.

  12. Personal Financial Literacy Unit 1-2 Test

    Personal Financial Literacy Unit 1-2 Test. 75% average accuracy. 26 plays. 9th - 11th grade . Other. a year ago by . 0 Save Share Edit Copy and Edit. QUIZ. NEW. SUPER DRAFT. ... Assign homework . SUPER. Finish Editing. Delete Quiz . 38 questions Preview Show answers . Question 1 . SURVEY . Ungraded . 300 seconds .

  13. Personal Financial Literacy Unit 2 Managing Your Money

    View Personal Financial Literacy Unit 2 Managing Your Money - Student Worksheet.docx from BUSINESS 8632 at Morton Ranch H S. Personal Financial Literacy Name: Fabiana Campos Unit 2: Managing Your ... View Homework Help - 3.05 cash managment from MATH 101 at Perry High School. 3.05 Debt:... homework. Quiz Ch 17.docx. Ferris State University ...

  14. Worksheet-L2-Student Worksheet.docx

    Personal Financial Literacy Student Worksheet Unit 2: Managing Your Money Lesson 2: Introduction to Banking 1. Checking accounts allow you easy access to your money. 2. Checking accounts allow you to use both credit and debit. 3. Many banks will require a minimum deposit of $50 to $100 to open an account. 4. Savings accounts allow you to save ...

  15. Personal Financial Literacy

    All choices involve a cost. 3. People respond to incentives in predictable ways. 4. People create economic systems that influence choices and incentives. 5. People gain when they trade voluntarily. 6. People's choices have consequences for the future.

  16. Maneuvering The Middle Llc 2017 Worksheets

    Displaying all worksheets related to - Maneuvering The Middle Llc 2017. Worksheets are Maneuvering the middle llc 2017 work answers, Maneuvering the middle llc 2017 work answers, 1 2, Thank you for your purchase, Maneuvering the middle llc 2017 work answers, Interpreting political cartoons 11 answer key, Maneuvering the middle linear relationships answer key, Dilations work answer key kuta.

  17. Unit Personal Financial Literacy Homework 2 Answer Key

    Personal Financial Literacy Student Worksheet Unit 2: Managing Your Money Lesson 2: Introduction to Banking 1. Checking accounts allow you easy access to your money. 2. Checking accounts allow you to use both credit and debit. 3. Many banks will require a minimum deposit of $50 to $100 to open an account. 4.

  18. Personal Financial Literacy

    term. a set period of time. treasury bills. T-bills; a savings product sold by the US Treasury department at a discount from their face value and range in terms from a few days to six months. Study with Quizlet and memorize flashcards containing terms like compound interest, principal, return and more.

  19. Unit 2: Managing your Money Flashcards

    PF Unit 2- Lesson 2 Managing Your Money AES: Personal Finance ... katied257. Preview. Fin 3110 Chp 3 HW Review. 5 terms. keainclemson. Preview. Managing Your Money Quiz. 20 terms. Amyyyyyy17. Preview. Unit 3: Using Credit Financial Literacy Aeseducation. 17 terms. soundgarden-fan-22. ... Dane is researching the topic of property taxes for a ...