Financial literacy wk6

Financial institutions provide a variety of services to help people manage their money.

Which financial institutions are typically used for saving money or opening a checking account?

• Credit union

• Bank

• Insurance company

Personal identifiable information (PII) is any information that can be used to identify or contact a specific person. It is important to be aware of PII and how to protect it.

Which of the following is an example of PII?

• your phone lock code

• Your favourite food

• The make and model of your car

• Your home address

You have a goal to save up for your first car, which costs $5000.You want to find an institution that will help you save your money and grow it over time so you can reach your goal faster.

Which type of financial institution can help you with this?

• Bank

• Insurance company

• Lender

Financial markets are places where different types of things (like stocks, bonds, or commodities) are traded.

Which market offers short-term investments for trade?

• Stock market

• Money market

• Stocks

Financial institutions provide a variety of services to help people manage their money.

Which financial institutions help people with investment planning?

• Bank

• Lender

• Brokerage firm

• Financial advisors

Which of the following could be a way that someone could steal your home address?

• You use a secure website to make a purchase that requires your home address.

• You fill out a job application that asks for your home address.

• You are the victim of a data breach where your home address is stolen.

Protecting your personal identifiable information (PII) is important for preventing identity theft. There are many ways you can protect your PII, but it's important to know what steps you should take.

What is a good way to safeguard your PII on the internet?

• write down all your passwords on a piece of paper and always carry it with you

• create strong, distinct passwords for each account

• use one password for all your online accounts

What is the primary purpose of securing your PII (personal identifiable information)?

• to defend against malware

• to ensure online privacy

• to reduce junk emails

• to avoid identity theft

Which of the following could be a way that someone could steal your drivers license number?

• You renewed your drivers license online using a state website.

• Your wallet was stolen.

• You used your drivers license number as an ID to pick up your medicine and the pharmacist scanned it.

Personal identifiable information (PII) is any information that can be used to identify or contact a specific person. It is important to be aware of PII and how to protect it.

Which of the following is an example of PII?

• your most-liked TV show

• your phone number

• your phone unlock pattern

• your favorite animal