Financial Literacy Quiz

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Questions and Answers

What is one aspect of financial literacy?

  • Impulsive buying
  • Habitual spending
  • Budgeting (correct)
  • Random investments

According to the National Endowment for Financial Education, what does financial literacy include?

  • The ability to make random financial decisions
  • The ability to ignore financial choices
  • The ability to discern financial choices (correct)
  • The ability to avoid financial discussions

What is one common financial literacy skill mentioned in the text?

  • Living for the present only
  • Ignoring the future
  • Planning for the future (correct)
  • Hoping for the best without planning

What is investing according to the text?

<p>To grow one’s money over time (B)</p> Signup and view all the answers

According to the Incharge Education Foundation, what is part of financial literacy?

<p>Discussing money and financial issues despite discomfort (C)</p> Signup and view all the answers

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