Everfi Vault - Understanding Money (1-3)
3 years ago
kristie1990
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43 QuestionsShow answers
  • Question 1
    10 seconds
    Q. Where can people go for information about money?
    answer choices
    Family Members
    Banks
    Financial Advisors
    All choices
  • Question 2
    10 seconds
    Q. Which of the following is an example of a need for most people?
    answer choices
    A place to live
    A nice car
    Designer jeans
  • Question 3
    10 seconds
    Q. What type of personal information should people keep private?
    answer choices
    Social Security number
    name of favorite restaurant
    name of favorite song
  • Question 4
    10 seconds
    Q. The best way to achieve a short-term money goal is to:
    answer choices
    Create saving plans and stick to it
    Spend all your money
    Throw out your piggy bank
  • Question 5
    10 seconds
    Q. To be responsible with their money, young people can do what?
    answer choices
    Track their spending
    Save their money
    Stick to goals
    All choices
  • Question 6
    10 seconds
    Q. It's important to spend money on things you need before spending money on things you want.
    answer choices
    True
    False
  • Question 7
    10 seconds
    Q. People can be responsible with their money by spending all their money at one time.
    answer choices
    True
    False
  • Question 8
    10 seconds
    Q. It's okay to give your social security number and email password to anyone who asks for it.
    answer choices
    True
    False
  • Question 9
    10 seconds
    Q. Savings plans can be used to help people achieve short-term money goals.
    answer choices
    True
    False
  • Question 10
    10 seconds
    Q. Which of the following is an example of a need for most people?
    answer choices
    Nail polish
    Nutritious Food
    A basketball
  • Question 11
    10 seconds
    Q. Where is a good place to go for information about  money?
    answer choices
    A mall
    A bank
    A restaurant
  • Question 12
    10 seconds
    Q. Which of the following is an example of a want for most people?
    answer choices
    A warm jacket
    Transportation
    Ice cream
  • Question 13
    10 seconds
    Q. It is helpful to hear about adults' experiences and advice about money because it will help you decide how to spend wisely.
    answer choices
    True
    False
  • Question 14
    10 seconds
    Q. How can young people be responsible with their money?
    answer choices
    Track spending
    Save money
    Set goals
    All choices
  • Question 15
    10 seconds
    Q. What are some ways people can receive money?
    answer choices
    Wages
    Salary
    Money gifts
    All choices
  • Question 16
    10 seconds
    Q. People who earn paychecks pay income taxes to the government.
    answer choices
    True
    False
  • Question 17
    10 seconds
    Q. A teacher is a good career choice if you enjoy helping sick people.
    answer choices
    True
    False
  • Question 18
    10 seconds
    Q. Which is an example of an entrepreneur?
    answer choices
    A fireman
    A person who owns a hat business
    A teacher
    All choices
  • Question 19
    10 seconds
    Q. A salary is paid over a set period of time.
    answer choices
    True
    False
  • Question 20
    10 seconds
    Q. People who are paid by the hour earn a salary.
    answer choices
    True
    False
  • Question 21
    10 seconds
    Q. What kind of tax do people pay on things they own, like a house or a boat?
    answer choices
    Property tax
    Sales tax
    Income tax
  • Question 22
    10 seconds
    Q. Sales tax are the same no matter where you live.
    answer choices
    True
    False
  • Question 23
    10 seconds
    Q. You should pursue a career based on your interests and talents.
    answer choices
    True
    False
  • Question 24
    10 seconds
    Q. A person who works part-time for a wage gets paid for sick time.
    answer choices
    True
    False
  • Question 25
    10 seconds
    Q. Other than a wage or salary, what is another example of income?
    answer choices
    Candy
    Money gifts
    Credit Cards
  • Question 26
    10 seconds
    Q. An entrepreneur is a person who owns a business.
    answer choices
    True
    False
  • Question 27
    10 seconds
    Q. A person your age can earn money by raking leaves for a neighbor or washing cars.
    answer choices
    True
    False
  • Question 28
    10 seconds
    Q. A veterinarian would be a good choice for someone who loves art.
    answer choices
    True
    False
  • Question 29
    10 seconds
    Q. Governments use taxes to fund roads, parks, and schools.
    answer choices
    True
    False
  • Question 30
    10 seconds
    Q. You can make a plan for spending and saving by writing down a list of all the things you want.
    answer choices
    True
    False
  • Question 31
    10 seconds
    Q. Paying with a ______ _____ takes cash of your checking account.
    answer choices
    Credit card
    Debit Card
    Gift Card
  • Question 32
    10 seconds
    Q. What's the best way to know if you are getting a good deal on what you're buying?
    answer choices
    Return policy
    Compare prices
    Ask Friends
  • Question 33
    10 seconds
    Q. Which is an example of a charitable organization?
    answer choices
    Clothing Store
    Police station
    Food bank
  • Question 34
    10 seconds
    Q. Which is an example of a household asset, or something a person owns that has value?
    answer choices
    Jewelry
    Clothes
    Toaster
  • Question 35
    10 seconds
    Q. One way to make sure you have enough money to cover your needs and wants is to create a ______.
    answer choices
    budget
    wish list
    checking account
  • Question 36
    10 seconds
    Q. Food, heat, cable, internet, and dog food are examples of what?
    answer choices
    Household assets
    Household income
    Household expenses
  • Question 37
    10 seconds
    Q. Which is an example of a financial institution?
    answer choices
    Bank
    Credit Union
    Brokerage firm
    All choices
  • Question 38
    10 seconds
    Q. Which of the following is an example of peer pressure?
    answer choices
    Buying something you want
    Buying something you need
    Buying something that your friends tell you to buy
  • Question 39
    10 seconds
    Q. What is the best reason to buy something?
    answer choices
    Because you want it
    Because it's in style
    Because you need it
  • Question 40
    10 seconds
    Q. Having enough money to cover all your expenses mean you have ____
    answer choices
    Debt
    Balanced Budget
    Uneven Budget
  • Question 41
    10 seconds
    Q. If you are buying groceries at the store and want to use the cash in your bank account, you should pay with your ______
    answer choices
    Debit card
    Credit Cart
    Gift Card
    Cash
  • Question 42
    10 seconds
    Q. One way to be charitable is to _______.
    answer choices
    Sell lemonade
    Be nice
    Volunteer in the community
  • Question 43
    10 seconds
    Q. Which of the following is an example of a household asset?
    answer choices
    Car
    Photos
    Groceries
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