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Financial Literacy Flashcards | StudBud

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Financial Literacy

5 terms·StudBud Administration·22 plays

A #finacial quiz for GEL 101

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Questions 5

Answers

1
What is financial literacy?
Set of skills and knowledge
Understanding how money works
Reading finance
A term for finance majors
2
What percent of students didn't learn about managing money from their parents?
38%
53%
14%
29%
3
What are some tips or tricks for managing your money?
Having an emergency fund
Buying what you want and managing what's left
Making a needs vs wants list
Don't check your bank balance
4
What percent of students didn't learn about finances in high school?
51%
67%
28%
36%
5
What is a budget?
Absolutely no idea
Money received with the intention it will be paid back
A list created after money is spent
The amount of money needed or available