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Money Smarts Quiz

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Money Smarts Quiz

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About this activity

Financial awareness for teens

Created by

MOHD FITRI BIN ABDUL GHANI KPM-Guru
MOHD FITRI BIN ABDUL GHANI KPM-Guru
Malaysia

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Money Smarts Quiz
 

Money Smarts QuizOnline version

Financial awareness for teens

by MOHD FITRI BIN ABDUL GHANI KPM-Guru
1

Which term describes the ongoing rise in prices over time, eroding purchasing power?

2

Which expense is usually essential and unavoidable monthly?

3

What does a budget help you do?

4

Which financial product should be used cautiously to avoid high interest?

5

What is the primary purpose of an emergency fund?

6

Which term means buying more than you can pay for now, using borrowing?

7

What is the benefit of comparing prices before buying?

8

Which habit helps build long-term financial security?

9

Which indicator helps assess a company’s profitability?

10

What does diversification in investing aim to do?

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Inflation means prices rise, reducing money value over time.

Housing costs are typically a fixed, essential monthly expense.

Budgets track income and guide spending to save.

High-APR credit cards can lead to costly debt if not paid in full.

An emergency fund provides a cushion for surprises.

Debt involves borrowing money to pay later, often with interest.

Price comparisons help you find the best value and save.

Consistent saving compounds over time and builds security.

Net income shows profit after expenses.

Diversification reduces risk by not putting all eggs in one basket.

 
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