Dave Ramsey Introduction to Personal Finance

How much money should be in an emergency fund?

• 100

• Have no clue because I wasn't listening.

• 500

• 1000

Tags

CCSS.6.RP.A.3B

Finances is_____ head knowledge

• 80

• 50

• 20

• 30

Tags

CCSS.2.OA.A.1

When I want to buy I car I should________________

• pay cash

• borrow from my parents

• borrow from the bank

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

Borrowing money___________.

• don't know

• is a strategic tool for building wealth

• helps to buy things you can afford

• can cause problems

Tags

CCSS.RI.7.2

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.8.1

CCSS.RL.9-10.2

Your emergency fund should be kept________

• at your parents house

• with your regular money

• in a credit card

• in separate account

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

Most Americans today are wealthy and will have financial security when they retire

• True

• False

• I don't care

• Maybe

Tags

CCSS.RL.11-12.6

Most Americans avoid the use of credit when it comes to buying big ticket items like a car or a house.

• Maybe

• True

• False

• I don't know

Tags

CCSS.RL.11-12.6

All are key components of financial planning except:

• Write out a detailed plan for accomplishing your goals.

• Replace money myths with money truths

• Allow your financial planner to make all of your decisions.

• Regularly monitor and reassess your financial plan.

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Personal financial success is primarily the result of:

• Managing your money behavior

• Winning the lottery

• Generous welfare and unemployment programs

• Inheriting money from your relatives

Tags

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.7.1

CCSS.RL.8.1

CCSS.RL.9-10.2

Prior to the 1970’s, debt was something most Americans were ashamed of.

• True

• False

Tags

CCSS.RI. 9-10.2

CCSS.RI.11-12.2

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.9-10.2