Biz Kid$ Financial Literacy Pre Questionnaire

10 Questions | Total Attempts: 495

Biz Kid$ Financial Literacy Pre Questionnaire - Quiz

In this quiz we’ll be taking a look at the financial literacy campaign of the educational television show Biz Kid$, which teaches financial education and entrepreneurship to children of all ages. What can you tell us about their teachings? Answer the following questions and we’ll find out!

Questions and Answers
  • 1. 
    To be financially literate you must know how to save money, set financial goals, spend less money than you earn, use credit wisely, and ___________________________.
  • 2. 
    Who are the 3 people you are likely to meet at a bank or credit union?
  • 3. 
    The 2 most common accounts that you should open at a bank or credit union are a checking account, and a ________________ account.
  • 4. 
    What is a CD account?
  • 5. 
    How does your money grow in a savings account?
  • 6. 
    If you write a check without having enough money in your checking account you will incur an NSF fee.  What is an NSF fee?
  • 7. 
    When saving money for things you need or want, what are 3 kinds of financial goals you should set for yourself?
  • 8. 
    In order to keep track of your spending and help you to achieve your financial goals, you need to keep a ________________.
  • 9. 
    Credit is a loan that you must pay back on time, if you are late paying a payment, what will happen?
  • 10. 
    Financial literacy means _____________________.
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