Financial Literacy Quiz

In which sentence is the word 'buck' being used correctly?

• a) I need to land a buck job where I can earn a lot of money.
• b) Could you load me a buck or two until tomorrow?
• c) Don't let him borrow money off you because, in reality, he's bucked.

In which sentence is the phrase 'strapped for cash' being used correctly?

• a) He has really been strapped for cash because he won the lottery.
• b) She's strapped for cash, so she decided to go on a shopping spree.
• c) They are strapped for cash, so they're cutting back on unnecessary expenses.

In which sentence is the phrase 'pinch pennies' being used correctly?

• a) They decided to pinch pennies and splurge on a luxurious vacation.
• b) We had to pinch pennies to afford the latest smartphone.
• c) Pinching pennies is not necessary when you have a high-paying job.

In which sentence is the phrase 'in the hole' being used correctly?

• a) My brother has saved enough money to get out of the hole.
• b) I'm in the hole because I won a large sum of money in the lottery.
• c) After overspending on unnecessary items, I found myself in the hole.

In which sentence is the phrase 'make ends meet' being used correctly?

• a) With their high-paying jobs, they struggle to make ends meet.
• b) I had to work multiple jobs to make ends meet during college.
• c) Making ends meet is easy when you have a large inheritance.

In which sentence is the word 'land' being used correctly?

• a) I need to land a good job where I can spend a lot of money.
• b) She landed a promotion and now earns a higher salary.
• c) They landed in debt after making poor financial decisions.

In which sentence is the phrase 'be loaded' being used correctly?

• a) Don't let him borrow money off you because, in reality, he's loaded.
• b) She's loaded with responsibilities and has no time for leisure activities.
• c) They loaded their credit cards with unnecessary purchases.

In which sentence is the word 'budget' being used correctly?

• a) You should create a budget of your earnings.
• b) They blew their budget on extravagant vacations.
• c) Keeping track of your budget is unnecessary.

In which sentence is the phrase 'keep track of' being used correctly?

• a) They keep track of their expenses by overspending.
• b) It's important to keep track of your income and expenses.
• c) Keeping track of time is not necessary for financial planning.

In which sentence is the phrase 'run out' being used correctly?

• a) If you don't keep a budget, you might run out of money before your next paycheck.
• b) They ran out of money and decided to go on a shopping spree.
• c) Running out of money is impossible if you have a high-paying job.