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Financial Literacy Quiz Flashcards | StudBud
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Financial Literacy Quiz
Financial Literacy Quiz
17 terms
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Vocabulary Quiz over Financial Literacy
Flashcards
17 cards
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Questions
17
Answers
1
"Charge for
borrowing
money"
Credit
Loaner
Credit Report
Interest
2
"Negative Credit History"
Pay Bills on Time
Spend Responsibly
Take reasonable loans
Borrow more than you can repay
3
Which of the following is a NOT a reason to study financial literacy?
To learn how to spend money wisely
To learn how to better manage your money
To be ignorant and wasteful with your money
To improve your credit report
4
"To put money in an account"
Deposit
withdrawl
lender
salary
5
"Payment for work"
interest
salary
loan
lender
6
"One who
takes
money that must be
repaid
"
Saving
Checking
Borrower
Lender
7
Awards for good performance...
borrower
grants
scholarships
deposits
8
"A form of immediate payment"
Debit Card
Load
Credit Card
Scholarship
9
"Money Loaned to people to paid for College Tuition"
Annual Student College Fees
Tuition fees
Student Loads
Student Loans
10
"The amount a worker is paid in his entire career"
Lifetime Income
Weekly Wages
Monthly Income
Brother's Piggy Bank
11
"A form of payment that allows a consumer to pay later"
Salary
Paycheck
Credit Card
Debit Card
12
A debit card uses money...
credit company
a person's bank account
a loan provider
mom's wallet
13
"The money taken from an account"
Bank Statement
Deposit
Dad's Wallet
Withdrawl
14
"Awards from non-profit organizations"
Sister's piggy bank
Grants
Credit Card
Transaction
15
"Positive Credit
History
"
Pay Bill On Time
Skip a Bill
Borrow More too much money
Late Payments
16
"A Summary of Financial History"
Report Card
Financial Summary
Money Tracker
Credit Report
17
"Account holding money set aside for later"
Debit Card
Annual Holder Fee
Saving Account
Good Time Account
