Financial Literacy for Students

Quiz
•
English
•
3rd Grade
•
Easy
Claudia Abreu
Used 7+ times
FREE Resource
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a budget?
It's a type of investment strategy.
It's a document for tracking employee performance.
It's a financial plan for managing income and expenses.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is saving money important?
It's only for the wealthy.
It's important for financial security and achieving future goals.
It's unnecessary for anyone.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a need?
It's a temporary desire for something.
It's a basic requirement essential for survival or well-being.
It's a luxury item that enhances comfort.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do you make a budget?
List income, categorise expenses, allocate funds, and track spending.
Only budget for fixed costs
Spend freely without tracking
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where can you keep your money safe?
in a public park
under the mattress
bank account, safe deposit box, home safe
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a bank account?
It's is a physical location where money is stored.
It's a type of loan from a bank.
It's a financial account for managing money with a bank.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to save money?
To borrow money from others.
To set aside a portion of income for future use instead of spending it.
To spend all your income immediately.
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