Financial Literacy Review
Quiz
•
Social Studies
•
4th Grade
•
Practice Problem
•
Hard
Camille Baybayan
Used 3+ times
FREE Resource
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10 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A proper way of handling money wisely.
Saving
Spending
Budgeting
Purchasing
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The 50/30/20 rule. 50% is intended for?
Wants
Needs
Savings
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Needs are the most essential things needed for survival.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The total amount of money kept intended for important reasons or for future use.
Spending
Saving
Budgeting
Purchasing
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The percentage that goes to a person's saving when budgeting should be?
50%
30%
20%
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When creating a budget a person must only spend his/her money within the amount of money he/she gets as a salary.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person can always overspend beyond what he/she earns.
True
False
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