Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
America Saves
Test Description: Saving Money
Instructions: Answer all questions to get your test result.
1) _____ of Americans say they live beyond their means.
A
30%
B
40%
C
50%
D
60%
2) _______ of Americans live paycheck to paycheck.
A
50%
B
60%
C
40%
D
30%
3) To save for emergencies. It is recommend to save __________ to allow for unexpected emergencies.
A
$700 - $1,200
B
$500 - $1,000
C
$200 - $300
D
$1,000 - $2,000
4) The best investment most borrowers can make is to pay off consumer debt with _________interest rates.
A
double digit
B
single digit
C
compound
D
triple digit
5) An example of a work-related retirement program is ________________.
A
401(k) plan
B
502 (G) plan
C
1 (k) plan
D
1000 (k) plan
6) The largest asset of most middle-income families is their ____________.
A
baseball card collection
B
home furnishings
C
car
D
home equity
7) What is the first step of making a budget?
A
Hide some money in your house.
B
Spend all of your entertainment money first.
C
Keep track of what you are spending.
D
Buy all sales items.
8) You can use _____________ to have money automatically sent to your savings account.
A
Direct credit
B
IRA
C
Direct deposit
D
Debit card
9) ____________ will never lose value and they are backed by the US government..
A
Stock
B
Money Market accounts
C
Bonds
D
Bills
10) What is the theme for America Saves?
A
Save Automatically.
B
Set a Goal.
C
Make a Plan.
D
All of the answers.
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?