Financial Literacy Quiz

Money that a person receives, usually from work, investments, or business.

A plan to spend and save money over a certain period.

An expense that remains the same each month.

Money set aside for future use.

An expense that can change from month to month.

A plan to spend and save money over a certain period.

Money you earn from your savings.

Putting money into stocks or bonds.

It helps you manage your money, avoid debt, and save for future goals.

It allows you to spend more than you earn.

It increases your monthly expenses.

It reduces your income.

$50

$30

$70

$100

An expense that changes every month.

An expense that remains the same every month, such as rent or a car payment.

Money saved for emergencies.

Money earned from investments.

An expense that remains the same every month.

An expense that can change from month to month, such as food or entertainment.

Money set aside for future use.

Money earned from savings.

Spending more than you earn.

Spending less or the same amount as the money you earn.

Saving all your income.

Investing in stocks.

Yes, because you are saving money.

No, because you are spending more than you earn.

Yes, because your expenses are less than your income.

No, because you are earning more than you spend.

Money you spend immediately.

Money you set aside to use in the future instead of spending it immediately.

Money earned from investments.

An expense that stays the same every month.

It helps you prepare for emergencies, big purchases, or future goals.

It allows you to spend more than you earn.

It increases your monthly expenses.

It reduces your income.