WorksheetsFinancial Literacy - Get Smart with Money
Total questions: 12
Worksheet time: 6mins
A monthly plan for how you are going to save and spend your income
Bank account
Asset
Budget
Finances
Liabilities are the things you owe, including any debt
True
False
How you handle your money is called
Budget
Personal Finance
Bank Account
Money
What percentage of personal finance is behavior?
30%
80%
20%
70%
Credit is owing anything to anyone for any reason.
True
False
Assets are the things you own and the money you have. This adds to your net worth
True
False
The Five Foundations are the beginner steps for establishing and maintaining financial struggles.
True
False
What percentage of personal finance is head knowledge?
60%
20%
10%
80%
When you borrow money, you go into debt and create _________
Budget
Debit
Credit
Finance
Most people view money as simply a way to get something they want.
True
False
Net Worth is basically how much money a person, family, or business can claim as total value
True
False
When people have nice things they bought with credit, they have a huge _______ to pay back
Debt
Finance
Liability
Debit
