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Money Management Words

5 Questions
Money Quizzes & Trivia

This quiz will test student knowledge on basic money management vocabulary

Questions and Answers
  • 1. 
    A  service charge is
    • A. 

      Money the bank requires you to pay for services

    • B. 

      Monthly account of check written, deposits, and balances

    • C. 

      A card issued by a bank to be used with an electronic teller machine

  • 2. 
    To be overdrawn means
    • A. 

      Least amount you may have in your account before being charged a service

    • B. 

      The amount of money you have left in your account

    • C. 

      To have written checks for more than there is in your bank account

  • 3. 
    In order to cash a check you must ____________ it in the back.
  • 4. 
    A ________ is a written order on a standard printed form directing a bank to pay money
  • 5. 
    Please write a paragraph about the importance of budgeting and creating goals for yourself.