Module 1 Intro to Personal Finance

Module 1 Intro to Personal Finance

10th - 12th Grade

32 Qs

quiz-placeholder

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Module 1 Intro to Personal Finance

Module 1 Intro to Personal Finance

Assessment

Quiz

10th - 12th Grade

Medium

Created by

Tina Walters

Used 18+ times

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32 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

50, 50
80, 20
60, 40
20, 80

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Income
Friends
Bank Account
Behavior

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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. 

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Person/organization that uses a product/service

Consumer

Loan

Credit

Financial Literacy

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