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Financial Literacy

Authored by Lily Miller

Business

1st - 5th Grade

Financial Literacy
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10 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • Ungraded

Do you practice financial literacy?

Not at all

A little bit

Most of the time

All the time

2.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

What is financial literacy?

Ability to spend money without worrying you will run out

Personal finance management and the ability to make smart decisions about your finances

Investing in lots of properties in pricy neighborhoods

Thinking about how to save enough money to get a new item

3.

FILL IN THE BLANK QUESTION

10 sec • 1 pt

Financial Literacy is made up of # key skills

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

A 401(k) Plan is a system that

Grows a person's portfolio

Penalizes people that don't pay taxes

Improves the environment

Takes part of a person's paycheck for retirement

5.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

A __ is a plan for how you spend and save your money

6.

MULTIPLE CHOICE QUESTION

20 sec • 3 pts

A sales tax is

Payroll charges

Money a manager takes as a fee

Money the government takes based on the money you make

Money added to the cost of a good/serivce

7.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Money you put into your bank account is known as a

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