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Financial Literacy Quizzes, Questions & Answers

You must help us quickly. For the past few years we haven’t been able to pay our taxes and things don’t look so good with the IRS. You must now take control of this situation and put our finances in order. Any measure that you see fit, please apply it, unless of course, it’s a loan. The one thing we don’t need right now is more debt.

There will be questions for you to answer, though. Can you answer all of them? What are the most important countries where there are programs to raise interest in personal finance? When did the OECD launch a programs to increase financial literacy? When was the National Consumer and Financial Literacy Taskforce established in Australia? Show everyone your financial literacy and answer the questions.

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A test on the book Financial Literacy for Teens.

Questions: 26  |  Attempts: 6203   |  Last updated: Apr 9, 2024
  • Sample Question
    When paying taxes in the U.S., the more money you make, ____________________.
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Welcome to the Financial Literacy MCQ Quiz! Understanding how to make, utilize, and save money is essential in the world today. What about the different ways you can invest your savings? Take up this exciting quiz and get to see...

Questions: 12  |  Attempts: 5194   |  Last updated: Mar 22, 2023
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    What percent of your pay check should go towards your savings?
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Get ready to test your knowledge of financial literacy! How good are you with your money? Do you know how to get the most from the income you get by ensuring you save up or invest it? What are some of the avenues that you can use...

Questions: 10  |  Attempts: 2314   |  Last updated: Mar 22, 2023
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    If each of the following persons had the same amount of take-home pay, who would need the greatest amount of life insurance?
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The greatest way to become financially literate is to put your knowledge and good sense into practice. Financial literacy comes with experience. If you know how to handle money, you will be that much wiser. Regarding this quiz,...

Questions: 12  |  Attempts: 1961   |  Last updated: Mar 21, 2023
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    How much in charges are you liable for if your credit card is stolen?
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Knowing your financial position and manipulating it to your favor is something wise. When it comes to credit, ignorance can be expensive! A person may take up too much credit and find that they cannot sustain their life. Take...

Questions: 20  |  Attempts: 2159   |  Last updated: Mar 21, 2023
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    Matt and Eric are young men. Each has a good credit history. They work at the same company and make approximately the same salary. Matt has borrowed $6,000 to take a foreign vacation. Eric has borrowed $6,000 to buy a car. Who is likely to pay the lowest finance charge?
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