Financial Literacy Quiz

What is the primary purpose of a savings account?

What does APR stand for?

What is an emergency fund used for?

Which of the following is considered good debt?

What is a stock?

What is the purpose of insurance?

What do you call the extra money a bank gives you for saving?

Which of the following is a good way to build credit?

Which type of loan typically has the lowest interest rate?

Which of the following is NOT a type of insurance?