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WorksheetsConsumer and Financial Literacy
Total questions: 12
Worksheet time: 6mins
How are investments different from savings?
Lower interest higher risk
Lower interest lower risk
Higher interest higher risk
Higher interest lower risk
Are investments a guarantee?
Yes
No
When should you buy and sell stocks?
Buy low Sell high
Buy high Sell low
Buy low Sell low
Buy high Sell high
What are bonds?
Investment with agreements between parties within a fixed period of time at a certain interest
Savings
Property
Cash
Where can investors buy and sell stocks?
Supermarket
Cinema
Stock market
Restaurant
What is superannuation?
Superannuation is money put aside so you have money to live off when you retire
Superannuation is money you pay the government every year
Superannuation is money you pay the government when you retire
Superannuation is not paid by your employer
Who is entitled to receive superannuation?
Full-time employees
Part-time employees
Casual employees
All of the above
What is the Superannuation Guarantee?
Percentage of earnings your employer can choose to pay into your super fund
Maximum percentage of earnings your employer needs to pay into your super fund
Minimum percentage of earnings your employer needs to pay into your super fund
Percentage of earnings you pay your employer
What is the current rate of Superannuation Guarantee (SG)?
6.5%
9.5%
8.5%
12.5%
What will the rate of Superannuation Guarantee (SG) be in 2025?
9.5%
11%
13.5%
12%
Which of the following isn’t an example of a long-term financial goal?
Buying a house
Opening a bank account
Buying shares
Growing your savings
What is the definition of a long-term financial goal?
A goal relating to the management of your money over a number of years
Saving to buy a car
A goal to make more money over the next decade
A goal to limit how much money you spend on the weekend
