Financial Literacy

Financial Literacy

9th - 12th Grade

20 Qs

quiz-placeholder

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Financial Literacy

Financial Literacy

Assessment

Quiz

Mathematics

9th - 12th Grade

Medium

CCSS
RI.8.2, 7.RP.A.3, RL.11-12.2

+3

Standards-aligned

Created by

Kevin Morgan

Used 3+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The knowledge and skill base for people to be informed consumers and manage their money effectively

Personal Finance

Debt

Financial Literacy

Net Worth

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

All of the financial decisions an individual or family must make about their money

Give to Others

5 Foundations

Living the Dream

Personal Finance

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is a budget?

Money that I can spend on what I want

Something that is hard to understand

An organized plan for spending and saving money

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If Sammy’s expenses are greater than his income, what must he do to balance his budget?

Earn more money
Spend less money on expenses
Earn more money AND spend less
None of the above

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the difference between a want and a need?

A want is something necessary to live

A need is something necessary to live

Tags

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.7.1

CCSS.RL.8.1

CCSS.RL.9-10.2

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In which category are a new car, designer clothes, and gaming systems?

wants

needs

values

income

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is saving?

Accumulation of excess funds by intentionally spending less than you make

Cash set aside to cover the cost of unexpected events

A monetary asset that contributes to your net worth

Money available today that is worth more if received in the future

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