Random
The legal age to get your learner permit in Victoria
16 years old
Taylor has $20 wants to avoid overspending. Which payment method helps her physically see her limit?
Cash
You just got paid from your part-time job. Is this income or an expense?
Income
Ronaldo is offered $100 today or $100 in one year. Which should he usually prefer?
$100 today
My name :)
Jerrod
PTV Stands for
Public Transport Victoria
Taylor wants to buy a $60 hoodie online using money she already has in her bank account. Which payment method should she use?
Debit card
You buy bubble tea after school. Is this income or an expense?
Expense
Ronaldo’s salary was worth £11.1m in 2009, but would need to be around £19.3m today to have the same buying power. What concept explains this?
Inflation
The University/School I came from was
The University of Melbourne
The Legal age to get a credit card in Australia
18 years old
Taylor uses a credit card to buy $300 concert tickets, even though she only has $80 in her bank account. What is the main risk?
She may not be able to repay the full balance and could go into debt.
In Lesson 1's Budgeting activity, what item was LeBron budgeting for?
New Basketball Shoes
Ronaldo spends money now on extra coaching instead of saving it. Why could this still be a smart financial choice?
It could improve his skills and create bigger future opportunities.
The name of the subject I'm taking which has given me the privilege to teach this great class :)
Street Finance (honestly don't know the meaning behind the name)
In Australia, what major league sport FINAL is traditionally played on the last saturday of september
AFL
Taylor’s credit card statement shows a $400 balance, but she only pays the minimum repayment. Why is this risky?
The unpaid balance can be charged interest, making the debt grow over time.
LeBron earns $120 and spends $120. Is he in surplus or deficit, and by how much?
A sponsor promises Ronaldo a bigger payment next year, but the deal is not guaranteed. Which concept does this show?
Risk
My degree
Bachelor of Commerce
The ATAR is the score you receive at the end of Year 12 that shows your overall academic ranking compared to other students. It stands for...................
Taylor says, “I can afford this because my credit limit is $1,000.” What is wrong with this thinking?
A credit limit is not her own money; it is the maximum amount she can borrow and must repay by the end of the month.
LeBron wants new shoes in 3 months. Why does having this goal help his budget?
It guides his reasoning on whether to save or spend in certain financial decisions
Ronaldo says, “Future money is always better if the number is bigger.” Explain why this is not always true using two TVM concepts.
A bigger future amount may lose value due to inflation, opportunity cost, and risk.
My major or majors
Finance & Accounting