Financial Literacy Quiz

5 years

7 years

10 years

12 years

A loan that needs to be repaid with interest

Money awarded based on athletic ability requiring repayment

Money awarded based on academic or other achievement, not requiring repayment

A grant for starting a business

650

700

750

800

After getting a job

At the age of 18

Anytime

When you have a certain amount of money

14

16

18

21

Banks are non-profit organizations

Credit unions are owned by the customers

Banks offer higher interest rates

Credit unions do not offer loans

On the front of the check

On the top of the back of the check

At the bank teller

On the bottom of the back of the check

You will get high Interest rates

You will receive a bonus

The account will be closed

You will get a discount on future purchases

A card that accumulates points for purchases

A card issued by a bank that allows the cardholder to use money from their checking account for the purchase of goods and services

A card that provides cash back on purchases

A prepaid card that needs to be loaded with funds before use

When you take a long vacation

When you start a new job

When someone chooses to permanently stop working, usually after working for many years

When you graduate from college