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Personal Financial Literacy
Game Code: 2306489
English
18
Public
Grade 6 - Math game based on personal financial literacy
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BJK1994
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#Math
#English vocabulary
#financial literacy
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What facts would you consider when deciding where to open a bank account?
........
15
What was my profession previous to teaching?
Aeronautical Engineer
15
Which education level has the highest median earnings?
Doctoral or Profesional Degree
15
Name two methods to pay for third level education.
.......
15
Name two ways you can build a good credit score.
.......
15
Where is the Giant's Causeway?
Ireland (Northern Ireland)
15
How long is information kept on a credit report?
7 years
15
Explain how a credit score can affect a loan from a bank.
High credit score will lead to the lowest interest rates. Low credit score will lead to highest interest rates or refusal of a loan.
15
What is a credit report and what is it used for?
.....
15
What is a transfer?
When money is moved from one account to another.
15
Name one way money can be withdrawn from an account.
ATM / Bank Teller / Write a check
15
A deposit is when money is taken out of an account.
False
True
15
What age am I?
30 years old
15
Name one advantage and one disadvantage of using a credit card.
.......
15
How do you calculate simple interest?
Principal x Interest Rate x Time
15
What is interest?
Interest is a fee that is either payed or received when borrowing money or saving in a bank.
15
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