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Financial Literacy Quiz Gr. 4 Flashcards | StudBud
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Financial Literacy Quiz Gr. 4
Financial Literacy Quiz Gr. 4
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Flashcards
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Questions
10
Answers
1
Financial literacy is important because it helps us to...
Plan the future
Think about wise & unwise spending choices
All of the above
Learn how to save money
2
Which is NOT an example of a planned expense?
Monthly bills
Fees for after school activities
Groceries
Falling in love with a new sweater and buying it.
3
You need a PIN # to securely get money from this method of payment.
gift card
cash
cheque
debit card
4
Which is an example of EARNING?
Putting money in your piggy bank
Buying a Nintendo switch
Getting paid to babysit
Dropping food off at a food bank
5
Which is an example of SAVING money?
donating to charity
depositing money into a bank account
buying groceries
giving a gift card
6
Which is NOT a method of payment?
credit card
cash
savings
debit card
7
What method of payment is NOT easy to loose, get stolen or damaged?
e-transfer
cheque
gift card
cash
8
Which is NOT a need?
shelter
video games
food
water
9
Which is an example of responsible spending?
Putting money into an RESP
Going on a shopping spree
Buying groceries to feed your family
Spending all your money on candy
10
Which is NOT an example of sharing/donating?
Lemonade stand
Donating money to the hospital
Getting paid to do chores
Volunteering time at an animal shelter