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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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Flashcards
16 cards
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Practice quiz
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Questions
16
Answers
1
Brand name clothing are a want.
False
True
2
Foods that keep you healthy are a want.
False
True
3
What is something you can do to avoid impulse buying?
Have a plan for shopping. Make a list!
Decide where yhou are going to buy it.
Figure out what you are going to buy and why you are buying it.
Buy whatever you want, whenever you want!
4
Needs are things that people require in order to survive.
True
False
5
If something is affordable that means...
you don't have enough money to buy it
you want to buy something even though you don't have enough money
buying cheap things
you have enough money to buy it & think it is a good way to use your money
6
Clothes that fit and match the weather are a need.
False
True
7
What are the three things you can decide to do with your money?
spend, save, donate
save, spend, give to your friends
spend, buy toys, buy food
spend, spend, spend
8
Sometimes people need help in life and they rely on donations.
False
True
9
Spending money wisely is being sure you can afford it before you buy.
False
True
10
Junk food is a need.
False
True
11
Chips are a need.
True
False
12
A large home with lots of space is a need.
False
True
13
Wants are things people like to have in their lives.
False
True
14
Impulse buying happens when you buy something without thinking about it first.
True
False
15
People save money so you have money when unexpected things come up.
True
False
16
You can also save money to meet a goal.
False
True
