6th Grade Financial Literacy Practice Test

Being skeptical about unusual deals and taking the time to verify who you’re dealing with is the best way to guard against online money scams. Scammers often try to pressure you with offers that seem amazing or urgent, but these can be fake. By questioning things that sound too good to be true and checking the source, you avoid being tricked.

To verify sources, look at the website address carefully, check that the site uses https, and search for the company’s real official pages or customer service contacts. Read reviews from trusted sources, and if you’re unsure, ask a grown-up or someone you trust before sharing any information or sending money. Use secure payment methods that offer buyer protections and never give out details like your social security number or full bank info to someone you don’t know.

These other actions create ripe opportunities for scams: sharing personal information with strangers can lead to identity theft; clicking every link can expose you to phishing, malware, or fraudulent sites; and using weak passwords in public places makes accounts easy to break into.