What is financial literacy?
Financial Literacy - Pre-Test

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•
Other
•
9th - 12th Grade
•
Hard
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34 questions
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1.
FLASHCARD QUESTION
Front
Back
Knowing and understanding how finances work
2.
FLASHCARD QUESTION
Front
People who do not understand the difference between ______________ usually struggle with financial problems.
Back
Needs and wants.
3.
FLASHCARD QUESTION
Front
A _______________ is a plan for how you will spend your money.
Back
Budget
4.
FLASHCARD QUESTION
Front
Developing a financial lifestyle that fits the amount of money you will earn in your career and is the secret to financial success is called:
Back
A journey driven lifestyle
5.
FLASHCARD QUESTION
Front
Why do successful people set goals?
Back
Goal-setting allows them to measure progress toward accomplishments or lifestyle changes they desire and provides them with direction.
6.
FLASHCARD QUESTION
Front
Which of the following states the five important components of a good goal? General, revised, active, safe, sound., Specific, measurable, achievable, realistic, time-driven., Written, clear timeline, research-based, influenced by family, influenced by friends., All of the above.
Back
Specific, measurable, achievable, realistic, time-driven.
7.
FLASHCARD QUESTION
Front
How can I start setting personal goals now?
Back
Daydream, think about or research the type of lifestyle you want to live, and write down ideas.
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