Financial Literacy and Personal Financial Planning Quiz

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FastestHawkSEye
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5 Questions

What is the definition of Financial Literacy?

Possession of financial knowledge and skills to make informed choices

What is the main characteristic of a Need?

It is a necessity for survival

What is the definition of a Financial Plan?

An overview of an individual’s current financial position

What is the main characteristic of a Want?

It is something a person desires but can live without

What is the definition of a Consumer?

An individual who purchases goods and services for personal use

Test your knowledge of financial literacy and personal financial planning with this quiz! Define key terms and concepts related to financial literacy, personal financial planning, and financial plans. Brush up on your financial knowledge and skills while making informed, responsible choices for your financial future.

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