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Financial Literacy Review Flashcards | StudBud
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Financial Literacy Review
Financial Literacy Review
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Questions
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Answers
1
Which of these is a positive to using a credit card?
Debt
Convenience
Overspending
Fees
2
Which of these is a career in health?
Librarian
Teacher
Surgeon
Lawyer
3
Which of these is NOT a type of budget?
Negative
Neutral
Balanced
Positive
4
Which of these is a want?
Water
Shelter
Playstation
Food
5
Which of these is a need?
Television
Headphones
Electricity
Golf Cart
6
Which of these is NOT how Federal taxes are spent?
Paying for a local monument
Paying off the National Debt
Mandatory Spending
Discretionary Spending
7
Which of these is NOT an investment
Education
Buying a Car
Buying a house
Starting a business
8
Which of these is a negative to using a credit card?
Security
Immediate Access to Money
Rewards
Paying Interest