Financial Literacy
Interactive Video
•
Social Studies
•
4th Grade
•
Practice Problem
•
Medium
JAIRINE BRIONES
Used 76+ times
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a need?
Something fun to have
Something you must have to survive
Something to earn money
Something you can live without
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main reason to create a budget?
To have more wants
To help you live within your means
To spend money without limits
To buy things on credit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the difference between saving and borrowing?
Saving is putting money aside, borrowing is taking money from savings
Borrowing is repaid, and saving is not repaid
Borrowing is setting money aside for the future
Saving is spending money you don't have
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of a checking account?
To invest in long-term goals
To pay bills and immediate needs
To earn interest on your money
To save money for the future
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a budget?
Money you borrow
Plan for managing your money
Money you earn passively
Money you earn passively
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