Domain 1: Basic Monetary Skills |
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“Please identify these coins and currency” |
Domain 2: Financial Conceptual Knowledge |
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“What is money?” |
Domain 3: Cash Transactions |
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“Please give me the exact amount of money needed to buy this box of tissues” |
Domain 4: Checkbook Management |
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“What is a check?” |
Domain 5: Bank Statement Management |
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What are some of the ways John Doe spent money during this month? |
Domain 6: Financial Judgment |
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“How could you be sure the price for the car is fair? ” |
Domain 7: Bill Payment |
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“If you had a question about this bill, what would you do?” |
Domain 8: Knowledge of Personal Financial Assets and Estate Arrangements |
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“Do you have a will or a living trust?” |