WorksheetsSTEAM XR League - Get Money (Financial Literacy Baseline)
Total questions: 8
Worksheet time: 13mins
What is a budget?
Money Tree building
A spending plan.
Not sure.
Still learning.
Earned income is when someone donated candy
True, I did my homework so I get a reward
False, its money from a job
A measurement of the chance of loss is?
(a)
Suzzy Que sold her car for $1,890 dollars in the bank. But she paid $2,000.00 for it. Is the difference a profit or loss? Show your work to prove she has either a profit or loss from this sale.
(a)
Impulse Buying
It looks cute, so I brought it.
I wanted it
I thought about it, and I need it.
Buying things without thinking
Ownership in a company
STOCK
MONEY
CREDIT
EARNED INCOME
EQUITY
DEBT THAT IS POSTIVE.
I CAN DO WHAT YOU DO.
THE VALUE OF A PROPERTY MINUS WHAT YOU OWE.
YOU OWE ME MONEY.
Understanding Stock Dividends and Savings
When you own a piece of a company by buying its stock, you might get paid money called stock dividends. This payment is a way for the company to share its profits with you. Stock dividends can be a helpful source of income for people who invest in companies.
One smart idea is to save the money you earn from stock dividends. You can put this income into a savings account to keep it safe and help it grow. Savings accounts are a good place to store money because they can earn a little extra over time.
Learning about investments and savings is an important part of financial planning. Knowing how to use your income wisely helps you make a budget and plan for the future. These skills can help you reach your goals and feel secure about your money.
What is a stock dividend?
A payment made by a company to share its profits with stockholders
A fee paid by stockholders to the company
A type of savings account
A loan given by the company to stockholders
Why is it smart to save money earned from stock dividends?
To keep it safe and help it grow
To spend it immediately
To invest in risky ventures
To avoid paying taxes
What is an important part of financial planning according to the passage?
Learning about investments and savings
Spending all your income
Avoiding stock dividends
Ignoring budgeting
