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Financial Literacy slides quiz Flashcards | StudBud

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Finish this quote: "If you don't control your money...

What are 3 common types of DEBT, which is money that you owe for purchases already made?

Financial Literacy slides quiz

7 terms·StudBud Administration

Take this quiz after viewing the Financial Literacy Google Slides presentation from Ms. Liz.

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Questions 7

Answers

1
What are 3 common types of DEBT, which is money that you owe for purchases already made?
Cafeteria meals, apartment rent, and groceries
Library book loans, bus fees, and car repairs
Credit cards, student loans, and home mortgages
Speeding tickets, fees for kids to join sports, and book fair money
2
Finish this quote: "If you don't control your money...
... you have nothing to worry about because money manages itself.
... no worries, there is an endless supply of money for you each month.
... your money will control you.
... your parents will manage it for you.
3
Food is the highest expense on a monthly budget.
True
False
4
What does financial literacy mean?
the ability to manage your time
the ability to manage your health
the ability to manage other people
the ability to manage your finances
5
True or false: We should keep track of every dollar we spend.
True
False
6
"Needs" are expenses that are required to live. "Wants" are extra expenses.
False
True
7
Which is these is NOT a good reason for learning about financial literacy?
To learn how to make good financial decisions
To learn the value of money
To make my teacher and school happy
To avoid getting into debt and owing others a ton of money