Essential Financial Literacy for Teens

Essential Financial Literacy for Teens

9th - 12th Grade

16 Qs

quiz-placeholder

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Essential Financial Literacy for Teens

Essential Financial Literacy for Teens

Assessment

Interactive Video

English

9th - 12th Grade

Hard

Created by

Carol Matherley

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the video series discussed by Stacey?

Academic tutoring

Outdoor survival skills

Cooking skills for teens

Financial literacy and money management

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a 'need' according to the video?

Purchasing a new sweatshirt

Downloading gaming apps

Buying groceries

Going out to eat with friends

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of a 'want' as described in the video?

Transportation costs

Eating out at restaurants

All of the above

Paying for housing

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where should teens record their monthly income from chores?

In a diary

In a text message

On a social media post

In a budget spreadsheet

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following should be considered when recording expenses?

Only large purchases

Only entertainment expenses

All spending including gifts and savings

Only educational expenses

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to include savings as a regular expense in your budget?

To lend money to friends

To prepare for unexpected emergencies

To have more money to spend

To invest in stocks

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should the balance of income and expenses equal to ensure a balanced budget?

Income should be double the expenses

Expenses should be more than income

Income and expenses should balance to zero

None of the above

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