Financial Literacy Chapter 4 Test

The reason to invest is to make more money for something like ________.

• Planning for retirement

• Next month's vacation

• A new car

• Opening a business in the next 6 months

Tags

CCSS.RL.6.1

CCSS.RL.7.1

CCSS.RI.6.1

CCSS.RI.6.8

CCSS.RI.7.1

All a thief needs is some of your ________ information.

• Driver's license

• Employee

• Personal

• Family's

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

________ is the equivalent of building your shelter or fortress in a game.

• Mutual funds

• Insurance

• Money market accounts

• Bonds

When you ______, it can be worth more in the future.

• Leave your money in the bank

• Hide your money mattress

• Invest your money

• Take your money out of your investments

Tags

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.6.3

CCSS.RI.7.3

Saving is for the _______

• Short term

• Long term

Tags

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.6.3

CCSS.RI.7.3

The most important thing to do--online and everywhere--is to ______ what you're doing.

• Stop and think about it

• Stop and give up

• Use no caution and press forward with

• Think very little about

Tags

CCSS.RL.2.6

CCSS.RL.8.3

______ are investments owned by a group of investors.

• 401(k)s

• Mutual funds

• Bonds

• Money market accounts

A ______ is the part you pay before the insurance company pays their part.

• Deductible

• Premium

• Commission fee

• Bi-weekly bill

The money you pay for insurance is a _______

• Deductible

• Premium

• Annual bill

• Monthly statement

Identity theft is when someone ________

• Appears at your local bank

• Takes your personal information

• Steals your driver's and license plate number

• Provides your information to their financial advisor

Tags

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.5.5

CCSS.RI.9-10.5