Financial Literacy - Pre-Test

Financial Literacy - Pre-Test

Assessment

Flashcard

Other

9th - 12th Grade

Hard

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34 questions

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1.

FLASHCARD QUESTION

Front

What is financial literacy?

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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