Quizalize logo
placeholder image to represent content

Unit 3 Quiz

Quiz by Kyra Reyes

Feel free to use or edit a copy

includes Teacher and Student dashboards

Measure skills
from any curriculum

Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.

With a free account, teachers can
  • edit the questions
  • save a copy for later
  • start a class game
  • automatically assign follow-up activities based on students’ scores
  • assign as homework
  • share a link with colleagues
  • print as a bubble sheet

Our brand new solo games combine with your quiz, on the same screen

Correct quiz answers unlock more play!

New Quizalize solo game modes
24 questions
Show answers
  • Q1
    True or False: Short-term goals usually cover a period of one to two years.
    False
    True
    30s
  • Q2
    What concept helps analyze key issues faced by different types of families?
    Indoctrination
    Personalization
    Individualization
    Categorization
    30s
  • Q3
    When creating a budget, what two main factors must be calculated?
    Income and expenses
    Utility and opportunity cost
    Inflation and taxes
    Investments and savings
    30s
  • Q4
    Which financial tool helps people reorganize their money to lower debt or boost savings?
    Family life cycle
    Professional portfolios
    Budgets
    Credit cards
    30s
  • Q5
    What term describes how a person’s financial situation, earnings, spending, and savings change over time?
    Financial evolution
    Family life cycle
    Portfolio growth
    Money life cycle
    30s
  • Q6
    If someone spends more than they earn, what is a practical way to reduce expenses?
    Invest in certificates of deposit
    Eat out less often
    Get a second job
    Take out a consumer loan
    30s
  • Q7
    Budgets help people reduce __ and increase __.
    Consistency; originality
    Funds; expenses
    Problems; happiness
    Debt; savings
    30s
  • Q8
    What is the first step when opening a bank account?
    Visit the bank’s website
    Pick a financial institution
    Research banking products
    Choose the type of checking account
    30s
  • Q9
    If your income is higher than your expenses, what should you consider doing?
    Take a vacation
    Increase income sources
    Decrease income sources
    Look into investment and savings options
    30s
  • Q10
    Which of the following is a downside of having a checking account?
    Limits on withdrawals
    No monthly fees
    Free bill payment
    Free direct deposit
    30s
  • Q11

    True or False: Anyone can open a 401(k) retirement savings plan.

    False

    True

    30s
  • Q12

    The main focus when creating a personal financial plan; involves setting priorities and deadlines, and updating as family changes

    checking accounts

    budgets

    goals

    family life cycle

    30s
  • Q13

    Accounts that let you deposit and withdraw money anytime, often used for daily spending

    family life cycle

    goals

    Checking account

    budget

    30s
  • Q14

    A tool to control how money is spent

    budget

    family life cycle

    checking account

    goal

    30s
  • Q15

    Describes how financial status, income, spending, and savings evolve over time

    checking account

    budget

    goals

    family life cycle

    30s

Teachers give this quiz to your class