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WorksheetsPersonal Financial Literacy Quiz
Total questions: 15
Worksheet time: 8mins
What is a card issued by a bank used to make purchases directly from your account?
Credit card
Debit card
Gift card
Store card
What is the term for money borrowed by students to pay for college, and it must be paid back?
Scholarship
Grant
Student loan
Fellowship
What is a score you earn based on your financial actions, usually between 300-850?
Credit score
Bank score
Financial score
Loan score
What is the amount of money a person earns over 1 year called?
Monthly income
Annual income
Weekly income
Daily income
What is a bank account that is used for everyday spending?
Savings account
Checking account
Investment account
Retirement account
What is money taken out of the account called?
Deposit
Withdrawal
Transfer
Payment
What is the amount of time positive information stays on your credit report?
5 years
7 years
10 years
Indefinitely
What is a bank account that pays interest?
Checking account
Savings account
Credit account
Loan account
What is money added to the account called?
Withdrawal
Deposit
Transfer
Payment
What is money given to students to pay for college, sometimes based on income, and does not have to be paid back?
Loan
Scholarship
Grant
Fellowship
What is the term for the cost of borrowing money?
Principal
Interest
Dividend
Fee
Who is a person that borrows money?
Lender
Investor
Borrower
Banker
What term describes how much money you currently have in your account?
Credit limit
Balance
Loan amount
Interest rate
What is the process of moving money back and forth between accounts called?
Transferring
Depositing
Withdrawing
Saving
What is a job connected to a campus given to a student to help pay for college?
Internship
Work-study
Part-time job
Volunteer work
