Financial Literacy Quiz

Liam saved his money in a bank. What is the extra money he earns from the bank, or the extra money he has to pay back when he borrows money?

Anika just got her first job. What do you call the money she earns from doing her job?

Abigail received some money for her birthday. What is the term for the money she sets aside and doesn't spend right away?

Sophia wants to buy a new laptop now but doesn't have enough money. What is a way she can borrow money to buy it now and pay for it later, usually with a little bit of extra money called interest?

Arjun wants to plan how to spend and save his money, helping him decide how much to use for fun things and how much to keep for later. What is this plan called?

David recently started a job where he works around 40 hours a week and usually receives benefits like health insurance. What type of job does David have?

Aria is looking for a job where she works fewer hours than a full-time job, usually less than 30 hours a week. What type of job is she looking for?

Grace works as a salesperson. What is a special kind of payment where she earns money based on how much she sells?

What is the term for the money you owe to someone else, often from borrowing?

What is the term for the money you receive regularly for work or services?