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Financial Literacy

Authored by Marisa Moraski

Life Skills

5th - 6th Grade

Used 227+ times

Financial Literacy
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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of the document that comes with your paycheck and shows you what you were paid and how much was taken for taxes?

Paystub

Payline

Pay Report

Pay Sheet

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following would you budget for in "Utilities"?

Your college savings fund

Your electric and heating bills

Your grocery budget

Your car repairs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is "net pay" the money before or after taxes have been taken out?

before

after

4.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

You will go into _______ if you spend more money than you have.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which account do you deposit your paycheck into?

Cash

Checking

Credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of an expense that you budget for as "reserves"?

Phone bill

Rent

Flat tire

Groceries

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Deciding how to spend your money before you actually spend it.

Balance

Copay

Checking account

Budget

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