
Financial Fun: Quiz Your Knowledge!
Authored by Emily Ludrick
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University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a fixed expense in a college student's monthly budget (aka the one thing you can't pay with ramen noodles)?
Movie tickets
Rent
Coffee shop visits
Concert tickets
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a credit score primarily measure—besides your ability to panic when checking it?
Your annual income
Your ability to repay borrowed money
The number of credit cards you own
Your age
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is considered a type of investment (besides investing in your love for pizza)?
Savings account
Textbooks
Fast food meals
Gym membership
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If your wallet could talk, how many months of expenses would it beg you to save for emergencies before it starts panicking?
One week of expenses
One month of expenses
Three to six months of expenses
One year of expenses
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a strategy for managing debt effectively (and not starring in a financial horror movie)?
Ignoring your bills and hoping they disappear like socks in the dryer
Making only the minimum payment every month and calling it a day
Creating a repayment plan and actually sticking to it (wild, right?)
Taking out more loans to pay off old ones—because what could possibly go wrong?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you want to save $600 for a new laptop in 6 months (because your current one sounds like a jet engine), how much should you save each month?
$50
$75
$100
$150
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why should a college student bother setting financial goals? (Hint: It’s not just to buy unlimited instant noodles!)
To impress your friends
To have a clear plan for managing money and achieving future needs or wants
To spend more money on entertainment
To avoid making any budget
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