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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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Flashcards
8 cards
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Questions
8
Answers
1
All of the following are example of expenses that are "Needs" except:
Rent
Groceries
Netflix
Internet
2
How many months worth of living expenses is it recommended for you to have in savings?
5 months
3 months
10 months
8 months
3
If you pay your bills on time, it will not improve your credit score.
False
True
4
Which of the following is not a type of bank account?
Savings
Certficate of Deposit (CD)
Checking
Certificate of Discount (CD)
5
What are some examples of traditional benefits you may receive from your employer?
Sick Leave
Paid Vacation
Health Insurance
All of the Above
6
There is no difference between a career and a job.
False
True
7
Under which of the following circumstances will banks check your credit score?
Buying a Car
Taking Out a Loan
Applying for Credit Cards
All Are Correct
8
Which of the following are examples of expenses that are "Wants"
None of the Above
Movie Tickets
Clothes
Cable (TV)
