Understanding Financial Literacy
Master Your Money: A Financial Literacy Quiz
Are you ready to take control of your finances? This engaging quiz will help you assess your financial literacy and identify areas for improvement. Whether you're a budgeting novice or a savings expert, this quiz is designed to provide valuable insights into your financial habits.
- Learn about your financial knowledge.
- Discover your stress levels regarding money.
- Evaluate your spending and saving habits.
Have you heard the term "financial literacy" used before and if so do you know it's meaning?
Yes, and I know the meaning
No, and I do not know the meaning
Yes, but I am unsure of the meaning
On a scale of 1-10 how stressed do you feel when talking or thinking about money?
(1 = no stress at all / 5 = sometimes I feel stressed / 10 = I feel stressed all the time)
1
2
3
4
5
6
7
8
9
10
I feel confident making financial decisions
Strongly agree
Agree
Disagree
Strongly disagree
Do you currently or have you in the past used a budget?
I currently use a budget
I have used a budget in the past
I have never used a budget
I do not use a budget but would like to learn more
I do not use a budget and do not want to learn more
When I get some money I am most likely to
Spend it right away
Save it
Spend part of it and save the rest
Use it to repay debt
Give or loan it to others
I feel prepared for a financial emergency (ie. Car repairs, vet bills, unexpected expense, etc.)
True
False
I would like to improve my habits regarding spending and saving
Yes
Not at this time
I think my spending and saving habits do not need improvement
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