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N4A - Money Management Flashcards | StudBud
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N4A - Money Management
N4A - Money Management
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A financial literacy quiz for high school students and parents in the Orlando, FL area.
Flashcards
15 cards
F
Practice quiz
P
Host live
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Questions
15
Answers
1
How much should someone have in their emergency fund?
1 month of living expenses
3 months of living expenses
2 months of living expenses
4 months of living expenses
2
What percent of NFL pros are in financial distress two years after playing?
58%
88%
78%
68%
3
What percentage of college students file for bankruptcy?
11%
19%
13%
17%
4
What is the current balance for unpaid college student loans in America?
$1 trillion
$1.5 trillion
$875 million
$2.5 trillion
5
The average American household has how much in credit card debt (2016)?
$16,061
$13,422
$18,908
$8,744
6
How many college students believe they have enough money to finish college?
46%
26%
56%
36%
7
True or False: It costs more to produce a penny than what it is worth?
True
False
8
Which generation (looking at data) is making the best financial decisions?
Generation Z (15-25)
Generation X (35-54)
Baby Boomers (55+)
Millennials (18-34)
9
How many college students have a credit card?
93%
83%
63%
73%
10
Nearly 70% of Americans have how much in their savings account?
$0-1,000
$5,001-9,999
$10,000+
$1,001-5,000
11
What is the #1 reason college students drop out of college?
Grades
Family
Homesick
Money
12
How many Americans are using a budget?
74%
35%
41%
53%
13
The highest currency ever printed by the US was:
$10,000
$25,000
$100,000
$1,000,000
14
How many $1 bills would it take to weigh the equivalent of 1 Pound?
511
488
612
454
15
The
U.S. Treasury
says that Americans hold about __________ in loose change.
$10 billion
$20 billion
$5 billion
$15 billion
