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Financial Literacy Quiz

Authored by Elisha Olusegun

Financial Education

1st Grade

Used 1+ times

Financial Literacy Quiz
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of income do we not actively work for?

Active

Sleep

Passive

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Needs are things necessary for what?

Survival

Cravings

Taste buds

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you always prioritize over wants?

Needs

Wants

Cravings

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What kind of support does life insurance provide to the family of the deceased?

Spiritual

Moral

Financial

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the extra money the bank gives you for saving called?

Rate

Interest

Money

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should we always try to limit?

Needs

Wants

Survival

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does risk refer to the possibility of happening?

Good

Passive

Bad

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