Financial Literacy Quiz 1

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Across
  1. 2. Saves money carefully and does not want to spend it even on items or services that would be a good investment in meeting a future goal.
  2. 3. An account you have at a financial institution that helps you accumulate and save money, while earning interest at the same time
  3. 5. A goal that will be completed in more than one year’s time
  4. 9. A target that you plan to work toward and accomplish that has to do with money.
  5. 11. Not wasteful, thrifty and cautious with money; tightwad
  6. 12. The price required to purchase goods or services.
  7. 15. Something fundamental or necessary, a definite need
  8. 21. A document that summarizes how many loans and credit cards you have, what their limits are, and whether or not you pay on time.
  9. 25. A need is an essential that one must have
  10. 26. Living from paycheck to paycheck with no savings for emergencies or long-term financial goals.
  11. 27. See it, want it, buy it without considering the real cost
Down
  1. 1. An understanding of how money works, and the ability to manage your own money.
  2. 4. A goal that will be completed in less than one year
  3. 6. Spends without thoughts on where its coming from or going
  4. 7. A discount to purchase a particular item that is printed on paper or given as a code to use when buying the item online
  5. 8. A want which is something you desire and would like to have but it is not required
  6. 10. A record of spending and income.
  7. 13. Buying a large quantity of one product all at once
  8. 14. A bank card that looks like a credit card but it takes money directly from your checking account to pay for the entire purchase all at once.
  9. 16. A penalty for spending more money than you have in your account
  10. 17. Regret a buyer feels after purchasing a particular product
  11. 18. A fee for breaking the terms of an account or agreement
  12. 19. Tracks spending and savings and knows where their money goes and has goals for what they want to accomplish, what they value and what the costs of items are and when to buy them.
  13. 20. Different choices that you can select from.
  14. 22. Plastic cards that allow users to make purchases using borrowed money.
  15. 23. A spending plan for managing money during a given period of time.
  16. 24. Likes expensive items that are the newest and greatest