Financial Literacy Quiz

What is the term for money that is earned from work or investments?

Let's say Ron earns money from his part-time job at the Quidditch stadium. What is this type of money called?

• Debt

• Expense

• Income

• Credit

Harry is looking to open a new account for his everyday transactions like paying bills and making purchases. Which type of account should he choose?

• Savings Account

• Stock Market

• Checking Account

• Personal Check

After a long week of caring for magical creatures at Hogwarts, Hagrid received his payment. What is the term for the money he receives for his efforts?

• Salary

• Invest

• Wage

• Interest

Ron has $500 left over after buying groceries. What term refers to this money?

• Income

• Debt

• Savings

• Spending

Hey there! Can you tell me what we call the amount of money Fred earns in a year?

• Annually

• Stock

• Debit

• Credit

Harry is excited to start setting aside money for future adventures. What term refers to the money a person puts aside for future use?

• Saving

• Debt

• Spending

• Income

Ms. Granger borrowed some money from a friend. What is the term for the money she owes to others?

• Credit

• Income

• Debt

• Interest

Ms. Hermione wants to save money for her future and earn interest. Which type of account should she open?

• Stock Market

• Savings Account

• Personal Check

• Checking Account

What is the term for the money spent on magical books and supplies for Hermione, Ginny, Ron, and Hagrid?

• Debit

• Invest

• Expense

• Income

Which term refers to the money Ron borrows from Gringotts Bank?

• Wizard

• Galleon

• Spell

• Quidditch