Financial literacy

Froggy Jumps

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vocabulary on financial literacy

Creada por

Julia Kostochkina

Colombia

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Froggy Jumps Financial literacyVersión en línea vocabulary on financial literacy por Julia Kostochkina 1 What’s the first step in creating a personal budget? a Investing in the stock market b Tracking your income and expenses c Applying for a loan 2 What is an emergency fund used for? a Unexpected expenses like medical bills or job loss b Buying non-essential items c Paying for vacations 3 Which of the following is a good financial habit? a Paying your bills on time b Using your entire credit limit every month c Taking out multiple loans at once 4 What does it mean if a loan has a high interest rate? a You will pay more money in total b You will pay less money over time c You will finish paying it faster 5 What’s the recommended percentage of your monthly income to save? a 20% b 5% c 50% 6 What is a credit score used for? a To measure how reliable you are in paying back money b To decide your salary c To calculate your income tax 7 Which of these is considered a good investment strategy? a Diversifying your investments b Putting all your money into one company c Avoiding all risks, including low-risk investments 8 What is the best way to use a credit card? a Make the minimum payment only b Pay the full balance each month c Use it for everything and worry later 9 Why is it important to review your bank statements? a To check for errors or unauthorized charges b To memorize your spending habits c To impress your bank manager 10 What does “living within your means” mean? a Spending less than or equal to what you earn b Borrowing money to buy what you want c Using credit to maintain your lifestyle

Froggy Jumps

Financial literacyVersión en línea

vocabulary on financial literacy

por Julia Kostochkina

What’s the first step in creating a personal budget?

Investing in the stock market

Tracking your income and expenses

Applying for a loan

What is an emergency fund used for?

Unexpected expenses like medical bills or job loss

Buying non-essential items

Paying for vacations

Which of the following is a good financial habit?

Paying your bills on time

Using your entire credit limit every month

Taking out multiple loans at once

What does it mean if a loan has a high interest rate?

You will pay more money in total

You will pay less money over time

You will finish paying it faster

What’s the recommended percentage of your monthly income to save?

20%

50%

What is a credit score used for?

To measure how reliable you are in paying back money

To decide your salary

To calculate your income tax

Which of these is considered a good investment strategy?

Diversifying your investments

Putting all your money into one company

Avoiding all risks, including low-risk investments

What is the best way to use a credit card?

Make the minimum payment only

Pay the full balance each month

Use it for everything and worry later

Why is it important to review your bank statements?

To check for errors or unauthorized charges

To memorize your spending habits

To impress your bank manager

What does “living within your means” mean?

Spending less than or equal to what you earn

Borrowing money to buy what you want

Using credit to maintain your lifestyle

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Financial literacy

Froggy Jumps

Sobre esta actividad

Creada por

Descarga la versión para jugar en papel

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Financial literacyVersión en línea

por Julia Kostochkina

What’s the first step in creating a personal budget?

What is an emergency fund used for?

Which of the following is a good financial habit?

What does it mean if a loan has a high interest rate?

What’s the recommended percentage of your monthly income to save?

What is a credit score used for?

Which of these is considered a good investment strategy?

What is the best way to use a credit card?

Why is it important to review your bank statements?

What does “living within your means” mean?

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