Learning the language of money is not that important because you will be able to depend on financial planners to manage your money

• True
• False

Which of the following is NOT a reason credit is marketed so heavily to consumers in the United States?

• There is strong demand for big ticket items.
• Credit industry has become extremely profitable.
• The use of credit is not socially acceptable in the US
• After WWI, credit laws were relaxed in an attempt to create a mainstream alternative to loan sharks for the working class.

When it comes to managing money, success is about ___% head knowledge and ___% behavior.

• 50, 50
• 80, 20
• 60, 40
• 20, 80

Americans typically maintain a very high savings rate. 

• True
• False

Which of the following statements best describes how Americans are being outsmarted by banks and other lenders?

• Credit is marketed so well that we desire to have it while completely dismissing the fact that interest rates and fees continue to destroy our financial well-being.

• We are taught that we can buy happiness.

• Buying things on credit has become acceptable in our culture.

• We are driven by consumerism.

When it comes to personal finance, the math is easy. Whatʹs challenging is managing your ________. 

• Income
• Friends
• Bank Account
• Behavior

Which of the following is not a benefit of understanding your own money personality? 

• Recognizing who you are allows you the opportunity to grow and learn. 
• Once you know your money personality, you can develop a financial plan that works for you. 
• Knowing your money personality allows you to excuse excessive spending because it is simply part of your nature. 

Person/organization that uses a product/service

• Consumer

• Loan

• Credit

• Financial Literacy

Knowledge to be an informed consumer and manage finances effectively

• Financial Literacy

• Personal Finance

Granting of a loan; any form of deferred payment

• Loan

• Credit

• Debt

• Finances