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Financial Literacy Review Flashcards | StudBud

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Is spending money for your personal needs okay

What is the point of Credit cards (pick 2 answers)

Financial Literacy Review

10 terms·StudBud Administration·9 plays

Group 1

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Questions 10

Answers

1
What is the point of Credit cards (pick 2 answers)
To take out a loan
To spend money you don’t have
To have fun with it
To build credit
2
Is spending money for your personal needs okay
Yes
I'll buy what I want
No because they are not important
3
What is 23.76 x 12.09
345.879
287.258
233.506
345.167
4
Is spending money for your personal wants good?
No I need the money for other things for my life
If I have budgeted/saved for it
Yes I want the things I like
Depends on the situation
5
When opening a savings account with no risk you should...
Go to McDonalds U-U
Have a fixed Interest rate
I don’t know ;-;
Have a Variable Interest rate
6
What is the point of a debit card?
To spend money you have
To save your money
To build credit
To do magic tricks with
7
When sticking to a budget you want to…
Why stick to a budget?
Spend it all >:D
Buy more McDonalds U-U
Don’t go over you’re budget
8
Is it better to have Higher Interest rates when opening a Savings account?
It depends
Yup
I have no clue
Nope
9
What is the point of a saving account?
to spend the money in it
To save the money and gain interest
To spend that money as soon as you can
To waste that money
10
What is 67.87 x 32.32
2193.55
2967.09
3087.63
2328.43