WorksheetsFinanceSAYA: The Playful Path to Financial Literacy
Total questions: 10
Worksheet time: 2mins
What does inflation do to your purchasing power?
Increases it
Keeps it the same
Reduces it
Has no effect
Which of the following is usually considered not a good “investment”?
Stocks
Mutual funds
Real estate investment trust (REIT)
A new car used for commuting
Diversifying your investments means:
Putting all money into one stock
Spreading investments across different asset types
Investing only in real estate
Avoiding all risk entirely
Which of the following historically has had the highest rate of return over long periods?
Savings accounts
Bonds
Stocks
Keeping cash under the mattress
What is an emergency fund recommended to cover?
One week’s expenses
Three to six months’ worth of expenses
Ten years of expenses
Only your vacation cost
What is the “time value of money”?
Money’s value remains constant over time
A peso today is worth more than the same peso in the future
Future money is always worth more
Money loses value only if spent
What is “liquidity”?
Being able to drink your savings
How quickly assets can be converted into cash without big loss
The total value of your assets
The number of investments you own
What does “inflation rate” indicate?
Rate at which your savings grow
Rate at which general price levels rise
Rate at which your salary drops
Rate at which debt increases
What is a “mutual fund”?
A fund you share with family
A savings account
A loan to a company
A pooled investment managed by professionals
Which of the following is a benefit of starting to save early for retirement?
Less compounding
You need to save less overall
Retirement will be closer
More time for money to grow
