Finance Fundamentals for Young Learners

Finance Fundamentals for Young Learners

3rd Grade

12 Qs

quiz-placeholder

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Finance Fundamentals for Young Learners

Finance Fundamentals for Young Learners

Assessment

Quiz

Business

3rd Grade

Practice Problem

Easy

Created by

bob bross

Used 1+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is budgeting?

Spending all your money at once

Saving all your money and not spending any

Planning how to spend and save your money wisely

Borrowing money from friends

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is saving money important?

So you can buy snacks

To have money for emergencies

To make your piggy bank heavy

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is investing?

Putting your money under your mattress

Spending all your money on toys

Letting your money grow over time by buying things that could increase in value

Giving all your money to a friend

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does it mean to have good credit?

Having a lot of credit cards

Being able to borrow money or buy things and pay for them later because you have a history of paying back on time

Owning a big wallet

Having all the video games

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a bank?

A place where you can buy toys

A place where you can swim

A place to safely keep your money

A type of airplane

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do we pay taxes?

To buy candy

Because it's a rule and it helps pay for things we all use like schools and roads

To get more video games

For fun

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a savings account?

A box under your bed

A type of bank account that earns interest over time

A place to store your toys

A book where you write down your secrets

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