Financial Education News

Step 1 of 6 - Question 1 16% LinkedInThis 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. To verify the authenticity of a charitable organization, you should check out which of these websites?(Required) Giving2All.gov CharityNavigator.org StudentAid.gov OklahomaMoneyMatters.org Which of these items should not be donated?(Required) Volunteer Work Money Stolen Goods Personal Property The main reason to provide charitable giving is ...

Step 1 of 6 - Question 1 16% CommentsThis 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. Member-Owned Accounts: You want lower fees and better savings rates at your local branch. Which institution should you choose?(Required) Finance company Mortgage company Bank Credit union Deposit Insurance: If a bank fails, which agency steps in to protect depositors up to a standard ...

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. What can happen if you spend more than you have in your bank account?(Required) Your account balance automatically resets You earn bonus interest The bank will forgive the mistake once You'll owe overdraft fees or an insufficient funds charge What do you usually ...

Step 1 of 6 - Question 1 16% InstagramThis 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. If you own a house, you'll usually pay this tax based on your home's value:(Required) Property tax Income tax Sales tax Payroll tax Which tax is automatically taken out of your paycheck to fund Social Security and Medicare?(Required) Income tax Sales tax Payroll ...

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. Budget Components: Which item usually doesn't belong in a family budget?(Required) Buying name-brand clothes Taxes you owe Money set aside for emergencies Charitable donations Cost-Benefit Analysis: When you're paying for a college class or technical training, which of these is a benefit (the ...

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 ...