Financial Literacy for High School Students

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is financial literacy?

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1. What is sales tax?

2. What is interest?

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About This Quiz & Worksheet

Gaining an appreciation for financial literacy in high school is crucial for financial stability in adulthood. This quiz and worksheet combination will ask you questions regarding different aspects of financial literacy that will prove critical throughout life.

Quiz & Worksheet Goals

This quiz will ask you questions about the following important financial skills:

  • Budgeting
  • Interest
  • Sales tax and taxes

Skills Practiced

This quiz will enable you to practice your study skills, including:

  • Reading comprehension - ensure that you draw the most important information from the related financial literacy lesson
  • Defining key concepts - ensure that you can accurately define main words and phrases, such as interest and sales tax
  • Information recall - access the knowledge you've gained regarding budgeting
  • Knowledge application - use your knowledge to answer questions about finances

Additional Learning

To further develop your understanding of what aspects of financial literacy should be achieved in high school, review the accompanying lesson called Financial Literacy for High School Students. This lesson will address the following aspects of finance that high school students should comprehend:

  • Taxes, including sales and income tax
  • Compound interest
  • Budgets
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