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Personal Financial Literacy Exam study guide

Study guide for DECA’s Personal Financial Literacy event, which DECA describes as applying reliable information and systematic decision making to personal financial decisions.

DECAStudy guideTime limit: check the current DECA GuidePersonal Financial Literacy cluster

What this guide covers

  • Saving and budgeting
  • Credit and debt
  • Insurance and risk
  • Taxes
  • Consumer decisions

Where this exam shows up

  • Role-play and case-study events that DECA pairs with a career cluster exam.
  • Confirm the exact exam for your event code in the current DECA Guide.
Drill your cluster exam in PriloTimed questions from your cluster. Miss one and see why the right answer is right.
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A practice plan before districts

  1. Review Saving and budgeting from a current textbook or the instructional areas in your event’s exam blueprint.
  2. Review Credit and debt from a current textbook or the instructional areas in your event’s exam blueprint.
  3. Review Insurance and risk from a current textbook or the instructional areas in your event’s exam blueprint.
  4. Review Taxes from a current textbook or the instructional areas in your event’s exam blueprint.
  5. Review Consumer decisions from a current textbook or the instructional areas in your event’s exam blueprint.

Sources checked

Confirm the event list and exam blueprint for your association on deca.org/compete.

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