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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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A #finance quiz to help teach high school students.
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
The average teenager spends ___ a year
$10,050
$2,099
$4,654
$9,626
2
Debit cards ......
immediately take money directly from your checking account
take money at the end of the month from your account
are the same as credit cards
must be paid at the end of the month
3
What percentage of Americans are living paycheck to paycheck?
61%
1%
50%
15%
4
According to a 2014 study, teens spend ___ of their budget on food.
30%
20%
50%
5%
5
You should save at least ___% of your income.
3
8
5
10
6
Americans hold more debt than savings.
true
false
7
Average monthly student loan payment (for borrower aged 20 to 30 years)?
$200
$351
$176
$298
8
The average balance of credit cards for college freshmen is....
$1024
$803
$50
$611
9
What is the average percentage of college students that get financial aid?
3/4
1/4
2/3
1/2
10
23%of students say they are not saving
true
false
