wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Financial Literacy Quiz-B

Total questions: 21

Worksheet time: 11mins

Name
Class
Date
1.

Why is having a high credit score beneficial when buying a car or house?

a)

It can qualify you for lower interest rates and better loan terms

b)

It increases your salary

c)

It helps you avoid paying any interest

d)

You can skip payments

2.

Quentin set aside $500 each month to invest in his future; this is part of his (a)   plan.

3.

Jake’s (a)   score dropped after he missed two loan payments.

4.

Hayden pays her (a)   expenses like rent and car insurance on time every month.

5.

Kingston used a (a)   card to withdraw money from his checking account.

6.

Devin's budget showed he was spending more than he earned, which created a (a)   .

7.

Lennox decided to grow his money by making an (a)   in a mutual fund.

8.

Zion reviewed his (a)   to prepare for holiday spending.

9.

Jackson is saving money in case of a sudden job loss; this is his (a)   fund.

10.

Kirsten pays a (a)   if her loan payment is late.

11.

Kennedy contributes to her (a)   fund every month for retirement.

12.

Aaron received his (a)   from work after taxes were withheld.

13.

A (a)   is a formal agreement to borrow money and pay it back over time.

14.

Jake wants to buy a house and is considering applying for a (a)   .

15.

Interest is often charged on the (a)   amount borrowed.

16.

The (a)   protects deposits in member banks up to $250,000.

17.

(a)   is withheld from paychecks to fund federal programs.

18.

If Jackson invests in government bonds, he is choosing a (a)   -risk strategy.

19.

Kennedy is shopping for (a)   to protect her health and car.

20.

Kirsten is planning to use her (a)   account for everyday purchases and direct deposit.

21.

Quentin used his (a)   income to save and invest wisely.