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Financial Literacy for Kids Flashcards | StudBud
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Financial Literacy for Kids
Financial Literacy for Kids
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26 plays
To accompany https://www.youtube.com/watch?v=0iRbD5rM5qc
Flashcards
10 cards
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Practice quiz
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Host live
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Questions
10
Answers
1
A loan accrues interest.
True
False
2
Checking and savings accounts are basically the same thing.
TRUE
FALSE
3
A budget helps us to ...
All of these
Spend money we don't have
Save money for a bike
Live within our means
4
A budget short fall means ...
We have more money than expenses
We have less money than expenses
5
A ............. is a plan for managing your money.
Bank Account
All of these
Credit Card
Budget
6
A loan is when someone gives you money for ...
Easy money
House or car
A bike or toy
Credit card
7
Wants sometimes disguise themselves as Needs.
True
False
8
Credit cards only spend money already in your account.
True
False
9
Savings is money that is put aside for a bigger purpose.
TRUE
FALSE
10
A "NEED" is something that:
Vital to continue to live
Necessary for survival
Can't live without
All of these
