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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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Flashcards
10 cards
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Questions
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Answers
1
It is recommended that you try and save about 20% of your income. What is the best way this person could save money?
Make coffee at home
Find free activities to do with friends
Spend less on clothes
Eat out less
2
I bought a bike for $45.95 and a scooter for $13.70. How much have I spent altogether?
$53.65
$49.75
$59.75
$59.65
3
You paid the following coins to buy some chocolate. How much did you spend?
$5.50
$3.50
$2.50
$3.00
4
Ben wants to go on his favourite ride at Wonderland. He needs $4. Does he have enough?
No
Yes
5
Is this person living within their budget?
Yes
No
6
Sienna earns $1000 a month. Her current expenses add up to $1050 a month. How would you describe her spending
Living within her budget
Spending over her budget
7
What is a financial plan?
A list of your income
A plan to help you save up your money to meet your goals
A list of your expenses
A book about money
8
Ian spends 25c on chips and 40c on a drink. He gets 35c change. He gives to shopkeeper 2 coins. What were the coins?
five 20c coins
two 50c coins
two 20c coins
five 50c coins
9
How much of their income does this person have left after their spending for the month?
$1430
$570
$2000
$280
10
Abby bought a chocolate bar for $1.70 and a slurpee for $3.20. How much does she owe the shopkeeper?
$3.90
$4.90
$4.20
$3.70
