Financial Literacy Quiz
Authored by Anthony Paradise
Social Studies
12th Grade
Used 4+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
You should always save 20% of your income, no matter your financial situation.
Agree
Disagree
2.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
Having a good credit score is more important than having a savings account.
Agree
Disagree
3.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
It's better to pay off your student loans as quickly as possible rather than investing in a retirement account.
Agree
Disagree
4.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
Renting a home is always a waste of money compared to buying.
Agree
Disagree
5.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
Credit cards should be avoided at all costs.
Agree
Disagree
6.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
If you can afford the monthly payment, you can afford the loan.
Agree
Disagree
7.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
Carrying a small balance on your credit card improves your credit score.
Agree
Disagree
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