Teenage Financial Literacy

What is not an Asset?

• Credit Card

• Gold & Jewellery

• Real Estate

• Stocks & Bonds

Which one is not Liability?

• Bank Account

• Credit Card

• Home Loan

• Car Loan

Whats asset generates "Dividend Income" & "Capital Gains"

• Oil

• Bonds

• Stocks

• Currencies

"Withdrawal" is ?

• Depositing money in bank account

• Paying credit cards bills

• Deposit in prepaid account

• drawing money out of a bank account

Consumption leads to ?

• Savings

• Profit

• Expense

• Earnings

Consumption > Earnings leads to?

• Savings

• Depletion

• Accumulation

• Deposits

Networth is ?

• =Assets-Liabilities

• =Assets+Liabilities

• =Asset+Equity

• =Liabiliies+Equity

Budget help to ?

• Control expense

• Earn

• Save

• Spend

You pay "Interest on"

• Earnings

• Deposits

• Equity

• Loan

Which one is not risk management technique

• Risk Transfer

• Risk Reduction

• Risk Avoidance

• Risk Enhancement