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Worksheets

Saving & Investing

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

All are benefits of saving, except

a)

safe, reliable, convenient

b)

earns a higher return of interest

c)

earns a small amount of interest

d)

insured by the FDIC

2.

Saving and investing provide opportunities to increase your wealth, leading to financial security

a)

True

b)

False

3.

True or false: Depositing money in a bank is low risk.

a)

True

b)

False

4.

When you deposit money in the bank, you will quickly earn a lot of interest!

a)

True

b)

False

5.

True or false: Investing in stocks can be high risk.

a)

True

b)

False

6.

People should consider saving money for which of the following situations?

a)

Something special they want to buy

b)

Emergency situations

c)

Retirement

d)

All of the above

7.

When you invest in stocks, mutual funds or bonds, your money is insured.

a)

True

b)

False

8.

If you need the money within a year or so, or any type of emergency, you should choose:

a)

Savings options

b)

Investing options

9.

If you don't need the money for the next 3+ years and you're okay with some risk involved, you should choose:

a)

Savings options

b)

Investment options

10.

I want to put money aside so that I can buy a care. Should I save or invest

a)

Save

b)

Invest

c)

Both

11.

I have an account with E-trade and I use it to purchase securities (stocks/bonds). Am I saving or investing?

a)

Saving

b)

Investing

c)

Both

12.

I want to put money aside so that I can enjoy retirement. Should I save or invest?

a)

Save

b)

Invest

c)

Both

13.

If I purchase a 2nd home and rent it to a tenant, am I creating income through saving or investing?

a)

Saving

b)

Investing

c)

Both

14.

I have been setting money aside for a family trip to Disney World, what should I be doing with that money - save or invest?

a)

Save

b)

Invest

c)

Both

15.

One disadvantage of placing your money in a savings account rather than investing is...

a)

Saving accounts have high risk

b)

Interest rates on savings is usually less than the inflation rate

c)

You do not have access to your money

d)

Saving accounts aren't insured by FDIC.