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Financial LIteracy for Kids

Financial LIteracy for Kids

Assessment

Interactive Video

Mathematics

2nd Grade

Practice Problem

Medium

CCSS
L.1.6, RL.1.3, L.3.6

+4

Standards-aligned

Created by

Stephanie Emery

Used 17+ times

FREE Resource

Standards-aligned

CCSS.L.1.6
,
CCSS.RL.1.3
,
CCSS.L.3.6
CCSS.RL.2.3
,
CCSS.RL.3.3
,
CCSS.RL.4.3
,
CCSS.RL.K.3
,

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should James do with his birthday money?

Save it in a bank account

Lose it

Give it to his friend

Spend it immediately

Tags

CCSS.L.1.6

CCSS.L.3.6

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two main types of bank accounts discussed?

Fixed and Recurring

Checking and Brokerage

Current and Savings

Deposit and Loan

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do banks pay interest on savings accounts?

To use the money for other projects

Because they want to give away free money

As a fee for account maintenance

To make account holders rich

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of a current account?

To lock money for a fixed period

To save money for a long time

To invest in stocks

To frequently deposit and withdraw money

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where did James hide his money?

In a bank vault

In an old smelly sock

Inside a book

Under his bed

Tags

CCSS.RL.1.3

CCSS.RL.2.3

CCSS.RL.3.3

CCSS.RL.4.3

CCSS.RL.K.3

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