Financial Literacy

Financial Literacy

7th Grade

10 Qs

quiz-placeholder

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Financial Literacy

Financial Literacy

Assessment

Quiz

Other

7th Grade

Practice Problem

Medium

Created by

Andy Patterson

Used 13+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is a sound way to keep track of your spending?

Get a credit Card

Create a budget

Save money

Give to Charity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the extra money banks and credit card companies charge when they loan you money?

taxes

interest

budget

debit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the marshmallow experiment prove?

kids are impatient

delayed gratification pays off

marshmallows are too tempting

cognitive abilities in children can vary

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who makes more money in an investment scenario?

the guy who starts early

the girl with the most years

the guy who establishes credit

the girl with the bigger salary

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is not a good idea for a young person?

Starting a savings account at the bank

Buying a new car

Having a debit card

Renting

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Mrs. Knobel and Dave Ramsey, which is a good idea?

paying cash

buying a house as soon as possible

getting a credit card

hosting a party

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which can help your budget?

having a roommate

buying designer jeans

having a debit card

having a credit card

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