OVERVIEW OF FINANCIAL LITERACY
QUIZ AND ANSWERS.
financial - Answers-anything that has to do with money and investments
literacy - Answers-an individual's knowledge of a certain area or field
stewardship - Answers-careful and responsible management of God's resources,
including money
warranty - Answers-a written guarantee given to the purchaser, usually specifying that
the manufacturer will make any repairs or replace defective parts free of charge for a
certain period of time
Why is financial literacy important? - Answers-Money is one of God's resources.
financial literacy - Answers-knowledge about money and what you can do with money
(includes knowledge about saving, investing, earning, spending, and even protecting
your money)
Items that involve financial literacy: - Answers-Interest rates on money in a savings
account.
Warranties.
Home insurance.
Donations.
Jobs.
Taxes.
Banks.
Stocks.
Actions that involve financial literacy: - Answers-Opening a checking account.
Deciding on a career path.
Investing money.
Creating a budget.
Making financial decisions.
Completing tax forms.
Investing wisely.
Purchasing a house.
Actions of a good steward: - Answers-Remembering that God owns everything.
Being careful and responsible when managing God's resources.
Knowing our purpose is not to store up treasures on earth but to help people by giving.
QUIZ AND ANSWERS.
financial - Answers-anything that has to do with money and investments
literacy - Answers-an individual's knowledge of a certain area or field
stewardship - Answers-careful and responsible management of God's resources,
including money
warranty - Answers-a written guarantee given to the purchaser, usually specifying that
the manufacturer will make any repairs or replace defective parts free of charge for a
certain period of time
Why is financial literacy important? - Answers-Money is one of God's resources.
financial literacy - Answers-knowledge about money and what you can do with money
(includes knowledge about saving, investing, earning, spending, and even protecting
your money)
Items that involve financial literacy: - Answers-Interest rates on money in a savings
account.
Warranties.
Home insurance.
Donations.
Jobs.
Taxes.
Banks.
Stocks.
Actions that involve financial literacy: - Answers-Opening a checking account.
Deciding on a career path.
Investing money.
Creating a budget.
Making financial decisions.
Completing tax forms.
Investing wisely.
Purchasing a house.
Actions of a good steward: - Answers-Remembering that God owns everything.
Being careful and responsible when managing God's resources.
Knowing our purpose is not to store up treasures on earth but to help people by giving.
