Main Idea
Post Test
Pictures
100
what is that one important virtue you need to save money?
Responsibility
100
Your money personality impacts . . .
How you handle money
100
What does this picture imply?
Saving Money
200
What is another word for currency
Money
200
A money principle to keep in mind is to live on _______ you make.
Less than
200
What does this stand for?
Save a $500 emergency fund.
300
What do people need to stop putting themselves in?
DEBT
300
After World War I, the demand for products increased, and people began getting credit without loan sharks. Because of this, credit…
Started to become more socially acceptable
300
Who has better money management?
In most cases, it is the person with more money.
400
what is one thing you can do to stay out of debt?
Saving money
400
What does living paycheck to paycheck mean?
Living paycheck to paycheck is an expression used to explain the situation in which a person cannot plan past the next paycheck due to financial and budgeting difficulties caused by outside circumstances.
400
Why is this person running?
To avoid their debt
500
what is the best game plan for your money?
Budgeting
500
What is financial literacy?
The knowledge and skill base necessary for people to be informed consumers and manage their finances effectively
500
What does this mean?
Net worth is the value of all assets, minus the total of all liabilities-Net worth is what is owned minus what is owed.