BLACK FRIDAY SPENDING
Authored by Taylor Morgan
Financial Education
12th Grade
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18 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
Have you ever bought gifts for someone?
a. Yes and stay in budget
b. Yes and overspend
c. No I have not
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2.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
What percent of consumers have debt from last holiday season?
(a)
3.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
What percent of consumers who used cards in 2023 haven't paid off their balances?
(a)
4.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
1/3 of consumers have $5,000 or more in debt. If there are 300 people in a room, how many are in debt of at least $5,000?
(a)
5.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
What percent of cardholders carry debt month to month?
(a)
6.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
What is the average credit card interest rate?
(a)
7.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
What is the average interest rate for a store credit card? (Retail Credit Card)
(a)
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