Financial Education News

Step 1 of 6 - Question 1 16% EmailThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. Which of the following is generally considered the largest source of charitable giving in the United States?(Required) Individuals Corporations Bequests (gifts made through wills or trusts) Foundations To verify the authenticity of a charitable organization, you should check out which of these websites?(Required) ...

Step 1 of 6 - Question 1 16% URLThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. Borrow-Now, Pay-Later: Which product lets you buy something now and pay it off later, often with interest if you don't pay the full balance each month?(Required) Credit card Savings account Debit card Checking account Banked vs. Unbanked: What do we call someone who ...

Step 1 of 6 - Question 1 16% URLThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. Which of these is a way to add money to your bank account?(Required) Mobile deposit of a check using your phone's camera Direct deposit of your paycheck Depositing cash with a bank teller All answers are correct What can happen if you spend ...

Step 1 of 6 - Question 1 16% CompanyThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. City or county taxes mostly pay for things like police, fire departments, and road repairs. Which level of government collects these?(Required) State Local Federal International Which of these is mostly paid for by federal (national) tax dollars?(Required) Your town's playgrounds State-run public universities ...

Step 1 of 6 - Question 1 16% NameThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. SMART Goals: What does SMART stand for?(Required) Specific, Measurable, Attainable, Relevant, Time-based Strategic, Motivated, Accurate, Reasonable, Thorough Special, Meaningful, Action-based, Realistic, Timed Simple, Manageable, Achievable, Reliable, Thoughtful Tracking Income & Expenses: You need to keep track of fixed and variable expenses. Which tool ...

The Impact of Local, State and Federal Taxes Taxes are mandatory payments that people and businesses must pay to the government. This money is used to pay for things we all use, like roads, schools, and public services. Paying taxes is important because it helps our communities and country work well. Jump to Quiz SECTION 1: The Importance of Paying Taxes Expand A. Types of Taxes Income Tax - This is taken from the money you earn from working or  running a business. Usually, you pay this tax once a year. Payroll Tax - Tax that is taken out of ...

Managing and Reconciling Your Financial Accounts Keeping accurate financial accounts is important for effectively managing your money, making smart decisions, and avoiding issues such as debt and financial instability. This module will outline the significance of maintaining precise financial records, methods for opening and managing checking and savings accounts, as well as explaining the benefits of balancing your records and efficiently overseeing your accounts. Jump to Quiz SECTION 1: Purpose of Maintaining Financial Accounts Expand When your financial records are accurate, you can clearly see how much money you have, how much you spend and how much you save. This ...

The Functions and Uses of Banks and Other Financial Service Providers Banks and other financial service providers help people and businesses manage their money. Here's a simple look at what they do. Jump to Quiz SECTION 1: Common Financial Service Providers Expand A. Types of financial services provided may include: Banks - Banks offer services like checking  and savings accounts, credit cards, loans, and investments. Banks also provide technology like ATMs (cash machines), mobile apps, digital wallets, and online banking to make managing money easy. Credit Unions - Credit unions are like banks, but are owned by their members. They often ...

Earning an Income and Managing it Through Budgeting Earning an income is essential for covering our basic needs and achieving our personal goals. It provides the financial means to pay for necessities like food, clothing and housing, and it allows us to save for future ambitions such as higher education, travel or purchasing a home. Income also plays a crucial role in promoting independence and self-sufficiency. It empowers individuals to make choices about their lifestyle and supports personal growth. On a larger scale, earning an income contributes to economic growth, sustains businesses, drives innovation, and enhances the overall quality of ...

Charitable Giving Charitable giving is the act of donating money, goods, or time to help those in need or to support causes that benefit the public good. It involves giving voluntarily, without expecting anything of equal value in return, and can take many forms, such as donating to charities, volunteering time or giving goods like clothing or food. Jump to Quiz SECTION 1: Civic Responsibilities Expand Charitable giving is an important civic responsibility that contributes to the well-being of a society. It goes beyond personal choice and plays a vital role in addressing social issues, fostering community engagement and supporting ...