Money Smart: Student Finance Quiz

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Learn to manage money responsibly.

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Valerie Bentley

Estados Unidos

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Money Smart: Student Finance Quiz


Money Smart: Student Finance QuizVersión en línea Learn to manage money responsibly. por Valerie Bentley 1 What is a budget? a A list of all your possessions b A rule for how to spend money without planning c A plan for how you will spend and save money d A chart of your school grades 2 Which is a 'need' rather than a 'want'? a Streaming subscription b Food for daily meals c Video game console d Designer sneakers 3 What is interest in savings? a Money earned on your saved balance b A type of loan c A fee for opening a bank account d Money you owe to a friend 4 What’s the difference between a debit and a credit card? a Debit is a loan; credit withdraws cash b Debit never requires a PIN; credit does c Debit uses your own money; credit borrows from the bank d Debit is only for online use; credit is only for in-store 5 Why start saving early? a Saving makes you popular b Your money can grow with time via interest c It instantly doubles your money d Savings guarantee you will never spend 6 What is the main purpose of a bank account? a Store money safely and make transactions easy b To increase your taxes c To pay for school lunches automatically d To lend money to every friend 7 What is income in budgeting? a The cost of a vacation b Money you earn or receive regularly c Money you owe to others d Your total shopping receipts 8 How does inflation affect buying power? a Inflation only affects adults b Prices drop every year c Your money grows automatically with inflation d Prices rise and money buys less over time 9 What is an emergency fund? a Money to spend on hobbies b Money set aside for unexpected expenses c Insurance payments d Money that must be spent monthly 10 What is a basic definition of a loan? a Funds for a school project b Borrowed money that must be repaid with interest c A discount on purchases d Money you receive as a gift

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Money Smart: Student Finance Quiz

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Creada por

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Verbos irregulares en Inglés

Money Smart: Student Finance QuizVersión en línea

por Valerie Bentley

What is a budget?

Which is a 'need' rather than a 'want'?

What is interest in savings?

What’s the difference between a debit and a credit card?

Why start saving early?

What is the main purpose of a bank account?

What is income in budgeting?

How does inflation affect buying power?

What is an emergency fund?

What is a basic definition of a loan?