G3-5 Financial Literacy Session 8
Authored by Whizara Teacher
Life Skills
1st - 5th Grade
Used 1+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a savings account primarily used for?
Daily transactions
Long-term investments
Saving money over time
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a checking account primarily used for?
Storing money for long-term goals
Daily transactions and frequent use
Earning high interest
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does a check do?
Stores money for the future
Instructs a bank to pay a specific amount of money to a person
Increases the value of money over time
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does a debit card allow you to do?
Write checks
Withdraw cash from an ATM and make purchases
Earn interest on your savings
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is an investment?
Money saved for emergencies
Putting money into something to increase its value over time
A type of checking account
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