Financial Literacy Quiz

Quiz
•
Business
•
9th Grade
•
Medium
Standards-aligned
Hayden Walraven
Used 43+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of a budget?
Tracking income and expenses
Increasing debt
Avoiding savings
Ignoring financial goals
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a credit score measure?
Creditworthiness
Monthly expenses
Credit card limit
Annual income
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a form of investment?
Loan
Mortgage
Stock
Credit card
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the impact of inflation on purchasing power?
Increases it
Has no effect
Decreases it
Stays constant
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of tax is imposed on your income?
Sales tax
Property tax
Income tax
Excise tax
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What distinguishes a debit card from a credit card?
Linked to a bank account
Credit limit
Interest charges
Both a and c
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of a savings account?
To borrow money
Long-term investments
Emergency fund and use for future goals
None of the above
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