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Money Confident Kids Test

Authored by Ryan Wolf

Business

7th Grade

Used 14+ times

Money Confident Kids Test
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47 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

401(k) or 403(b)

An investment plan companies offer to save for retirement. Money is taxed when withdrawn, not invested.

A personal investment plan to save for retirement. Money is taxed when invested, not withdrawn.

A place to put your money as in a bank, credit union or other financial instution.

Money given to a person on a regular basis.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Roth IRA

An investment plan companies offer to save for retirement. Money is taxed when withdrawn, not invested.

A personal investment plan to save for retirement. Money is taxed when invested, not withdrawn.

A place to put your money as in a bank, credit union or other financial instution.

Money given to a person on a regular basis.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Account

An investment plan companies offer to save for retirement. Money is taxed when withdrawn, not invested.

A personal investment plan to save for retirement. Money is taxed when invested, not withdrawn.

A place to put your money as in a bank, credit union or other financial instution.

Money given to a person on a regular basis.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Allowance

An investment plan companies offer to save for retirement. Money is taxed when withdrawn, not invested.

A personal investment plan to save for retirement. Money is taxed when invested, not withdrawn.

A place to put your money as in a bank, credit union or other financial instution.

Money given to a person on a regular basis.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Asset

Anything that has financial value.

How your money is divided among stocks, bonds, short-term investments, and other assets.

An asset issued by a company or government. A loan to the organization.

A plan of how much money a person or business can spend, and how it will be spent.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Asset Allocation

Anything that has financial value.

How your money is divided among stocks, bonds, short-term investments, and other assets.

An asset issued by a company or government. A loan to the organization.

A plan of how much money a person or business can spend, and how it will be spent.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bond

Anything that has financial value.

How your money is divided among stocks, bonds, short-term investments, and other assets.

An asset issued by a company or government. A loan to the organization.

A plan of how much money a person or business can spend, and how it will be spent.

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