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Personal finance quiz

This 10th-grade personal finance quiz helps students practice key concepts such as budgeting, banking, saving, and credit by answering multiple-choice questions and identifying financial terminology to reinforce understanding of financial principles.

By Edform · Economics and personal finance · Grade 10 · Published Oct 15, 2026 · New

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Questions

  1. Which of the following is the best example of a fixed expense in a monthly budget?
  2. Which of the following are advantages of having a savings account at a bank?
  3. A credit score is a number that represents a person's creditworthiness.
  4. What is the term for money set aside for unexpected expenses?
  5. If you earn $500 a month and want to save 20%, how much should you put into savings each month?
  6. Which of these actions can help you build a positive credit history?
  7. Which of the following are considered variable expenses?
  8. Using a debit card to make purchases will help you build your credit score.
  9. What is the fee called that a bank may charge if you spend more money than you have in your account?
  10. Which of the following is the safest place to keep large amounts of money?

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