Personal Foundations - Dave Ramsey Ch. 1 & 2

Personal Foundations - Dave Ramsey Ch. 1 & 2

11th - 12th Grade

40 Qs

quiz-placeholder

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Personal Foundations - Dave Ramsey Ch. 1 & 2

Personal Foundations - Dave Ramsey Ch. 1 & 2

Assessment

Quiz

Business

11th - 12th Grade

Practice Problem

Easy

CCSS
7.RP.A.3, RL.11-12.6

Standards-aligned

Created by

Holly Riley

Used 29+ times

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40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Dave Ramsey's First Foundation of Personal Finance?

Save Money
Don't spend money
$25 Emergency Fund
$500 Emergency Fund

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example that you can use the $500 Emergency Fund for?

Groceries
Car broke down
Your friend needs $50
Black Ops III

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is it a good idea to keep your Emergency Fund mixed with your everyday spending money?

Yes
No

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the Second foundation of personal finance?

Get out of Debt
Buy Stuff
$100 Emergency Fund
Finance your Car

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Third foundation of Personal Finance?

Pay cash for stuff
5 year financing on car purchases
Pay cash for your car
4 year financing on car purchases

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Fourth foundation of Personal Finance?

Go to a cheap college
Avoid Private Schools
Get financial aid
Pay cash for college

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Fifth foundation of Personal Finance?

Build Wealth and Give
Pay cash for your boat
Spend, Spend, Spend
Pay cash for vacation home

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