Turn Fun into Learning with Personal Finance Trivia Questions
Learning can be fun when it comes to personal finance. The right questions can produce evidence of improvement that can be leveraged by individual students and the entire program. When personal finance trivia questions show an improvement, students can use that information on their college and job applications. Programs can use it when they try to procure financing and push for expansion. Individuals can take an NFEC personal finance quiz right now and get results in their email.
Financial Literacy Trivia Questions Focus on Five Main Efficacy Gauges
Knowledge is power, and the right knowledge can be very powerful. That’s why the NFEC designs its trivia questions and testing curriculum to measure success from five angles. Obviously, we test for the depth of financial knowledge, but that’s only one part of the picture. Just knowing the facts about personal finance might be unconsciously undermined by negative emotions about money. That’s why we assess the students’ financial sentiment and financial behaviors in the personal finance questions.
Our personal finance classes require that the students create a financial plan for themselves. We measure their financial progress long after the program is over, by tracking their implementation of the plan they created.
Personal Financial Literacy Trivia Questions Verify Level of Understanding
When designing your personal finance project, align learner understanding of new knowledge by defining where it falls on specific depth of knowledge levels. Learning is a linear process, even though it might occur in unpredictable spurts. Personal finance trivia questions can monitor where students are in the learning process. With this knowledge, a program can teach at just the right level to keep students challenged while maintaining their confidence. When the pace of teaching is slower than the class picks it up, they get bored and lose interest. When the material comes too fast, they get frustrated and lose confidence. Bloom’s Taxonomy of Higher Order Thinking Skills and Webb’s Depth of Knowledge show the linear process of acquiring and processing knowledge.
