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WorksheetsFinancial Literacy
Total questions: 15
Worksheet time: 5mins
A budget gives you________ over your money, that you never knew you had.
Money
Appreciation
Understanding
Control
______ of Americans live paycheck to paycheck.
100%
80%
60%
40%
_________ on credit is a fee you pay on top of the money you already owe.
Interest
Mortgage
Saving
Equity
Debt is owing money to anyone for any reason.
True
False
Using a credit card means you _______ to buy stuff.
Barter Clothing
Use Debt
Use Cash
Never Decide
If you pay with _______, you won’t have to worry about paying anything else later.
Cash
Credit
Debt
Credit Card
This is a person or organization that uses a product or service
Hungry Person
Loan Shark
Consumer
Asset
The knowledge and skill base for people to be informed consumers and manage their money effectively
Personal Finance
Debt
Financial Literacy
Net Worth
All of the financial decisions an individual or family must make about their money
Give to Others
5 Foundations
Living the Dream
Personal Finance
The percentage of principal charged by the lender for the use of its money
Default Rate
Interest Rate
Pay Rate
Debt
The total wealth of a person/family taking into account all of their assets and liabilities
Total Value
Net Worth
Mega Assets
Full Liabilities
Anything that is owned by an individual or family, including money, investments, collectibles, autos, etc.
Liability
Bank Roll
Asset
Foundation #2
Financial debts or obligations
Liability
Assets
Bank
Diabetes
How you describe a person or family whose monthly income barely gets them through the month and they have no savings
Living the Dream
Living Paycheck to Paycheck
Living Peanuts to Carrots
#FitterLifestyle
You can measure someone's net worth by how much money they make.
True
False
