WorksheetsIntroduction to Financial Literacy Importance
Total questions: 6
Worksheet time: 3mins
Name
Class
Date
1.
Being financially capable is about behavior, requiring you to take financial knowledge and put it into practice
a)
True
b)
False
2.
One part of managing finances is making a plan for how you will save and spend money, or a:
(a)
3.
Which is a safe place to store money and earn interest?
a)
A cryptocurrency account
b)
Keeping it in cash in your room
c)
A Federal Deposit Insurance Corporation (FDIC) insured bank
d)
A newly issued stock
4.
The best time to gain financial literacy skills and start saving and investing is when you're older and at the height of a career
a)
True
b)
False
5.
Which is FALSE about financial literacy influencers
a)
They should always be trusted if they are on social media
b)
They might be receiving financial compensation for their advice
c)
They may not have professional certifications or financial background
d)
Are often expressing their own opinions about how to manage finances
6.
Which of the following is NOT a recommended practice for financial literacy?
a)
Regularly reviewing your credit report
b)
Investing all your savings in a single stock
c)
Creating a budget and sticking to it
d)
Setting financial goals and working towards them
100 %
