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Asked/Answered
Understanding Financial Literacy
Learn the basics of financial literacy. Take the quiz below to test your knowledge.
Financial Literacy
*
Indicates required field
Name
*
First
Last
Email
*
True/False: Gross Pay is the amount you make before taxes and other deductions
*
True
False
What are the 5 core competencies of financial literacy?
*
Earn
Adjust
Save
Spend
Borrow
Work
Protect
Credit cards have a ___ type of credit agreement. You can pay the full amount, or a minimum payment
*
Revolving
Turn-Style
Set
Full-Term
What are the 3 main types of bank accounts?
*
Investment, Expenditure, and Holdings
Checking, Savings, and Combination
Checking, Savings, and Money Market
Debit, Credit, and Installment
What are 3 steps toward better money management?
*
Plan ahead
Keep a vacation fund
Keep records
Get a second job
Set goals
Save money
Credit Unions are owned and controlled by___
*
Bigger banks
People with a lot of money
People who use their services
Investment groups
About how much should you spend on rent monthly?
*
40%
20%
30%
35%
It is important to establish an Emergency Fund with how many months saved?
*
1 month
2 months
3 months
Submit
Home
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Youth
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>
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CHATT
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>
Zoom Class
Tech Tips for Seniors
Resources for Seniors
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Kindle Training Classes
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Financial Literacy
O G Program
Chromebooks
Financial Literacy
Career Paths
Training Resources
Computer Training
Certifications
Kindle Training
Tips: Interviews
B C Program
Everyday Life Training
Computer Training
Kindle Training
Games and Activities
CoC
Keyboarding
Computer Classes
Work Ready Training
Specialized Classes
Contact
Asked/Answered