A test on the book Financial Literacy for Teens.
The less taxes you pay
The more taxes you pay
Doesn't make a difference because everyone pays the same amount in taxes
The more you hate paying taxes
Quit school before they were 18.
Always keep $500 in their pocket.
Started a business early in life.
Worked part-time when they were teenagers.
Taxes and insurance
Needs and wants
Buying and renting
Food and shelter
Lose them a lot.
Buy things they can't afford.
Have to pay to use them.
Forget to use them.
Pay the full balance of the credit card every month
Pay the minimum payment each month
Never pay the bill
Be able to buy anything you want
Only for those who get sick.
An unnecessary expense because you may not need it.
A must buy item for your budget.
More important for women than for men.
Fire, robbery, or if your little brother damanges something
Flood, robbery, or a car accident
Robbery, fire, or if you brake something
Fire, flood, or robbery
All of the above
Usually legal and ethical.
Legal if you are 21.
Partly legal and ethical.
For emergencies and to buy everything you want
For emergencies and major purchases
To pay off your credit cards and for major purchases
So you can invest it and donate it
Put your money under your pillow for the tooth fairy
Dream about money
Invest your money
Donate your money
Car payment, gas, maintenance/repairs, and tires
Car payment, insurance, gas, and maintenance/repairs
Gas, insurance, credit cards, and oil changes
Insurance, maintenance/repairs, car payment, and car washes
How much money you want to make.
What you like to do and have a passion for.
What will make your parents happy.
What your friends tell you to do.
One hundred thousand dollars
One million dollars
Five billion dollars
Fifty thousand dollars
You should never get a credit card.
If you get a credit card, you will go into debt.
You should get a credit card and use it responsibly in order to build good credit.
The credit card companies don't charge you anything to borrow money from them.
To get rich quick.
So you can buy a new car.
So you will have money to live off of when you retire.
To help other businesses.
Because there is always someone less fortunate than you that needs it.
Because you don't need all of your money.
To get a tax break.
So your parents will be proud of you.
They will tell you to leave the hospital.
You will have to pay for all the medical bills yourself.
The government will pay for all of your medical bills.
The hospital will do the surgery for free.
Pay off all your credit cards
Do car buying research/homework
Get a driver's license
Ask your parents for permission
It is a legal document.
You are agreeing to pay rent every month on time for the length of the lease.
If you have a roommate move in later, they don't need to sign the lease.
You are agreeing to take care of the place you are renting.
Chain-mail involving money
People selling their things on Ebay
Here's an interesting quiz for you.