Financial Literacy
Quiz
•
Life Skills
•
8th - 12th Grade
•
Medium
Melissa Allen
Used 18+ times
FREE Resource
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50 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Borrowed Money called? *
Interest
Loans
Savings
Investment
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Putting Money Away for Later *
Savings
Net Pay
Loan
Interest
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What you bring home after all your Deductions? *
Gross Pay
Savings
Annual Pay
Net Pay
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What you make before deductions?
Gross Pay
Savings
Earned Income
Net Pay
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something you pay when you have debt *
FICA
Taxes
Interest
Social Security
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is emergency savings?
Transferring money into your savings before you pay your bills
Original amount of money saved or invested
Cash set aside to cover the cost of unexpected events
Maximizing your return by selling stocks at a higher price than what you paid for
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is investing?
Possibility that an investment will fail to pay the expected return
Money invested is usually used to pay for long-term goals
Assets purchased with the goal of providing additional income from the asset itself but with the risk of loss
The danger that money won’t be worth as much in the future as it is today.
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