Personal Managing Finance

What is our group name?

• Piggy Bank

• Public Bank

• CIMB Bank

• Maybank

What is financial freedom?

• A status in which there is enough wealth to pursue the kind of life that desire

• A status in which a person leave their job to seek freedom

• A emotional state of a person that put less effort on financial activity

Which is the state of retirement?

• Expenditure is zero, income continues

• Expenditure continues, income is zero

• Expenditure continues, income continues

How to know if you are financially ready?

• Savings that able to cover 10-20 days expenses

• Savings that able to cover 1-3 months expenses

• Savings that able to cover 3-6 months expenses

Which of the following is the negative impact of financial crisis?

• Price level of goods and services increase

• Employee revenue affected

• Value of money decline

• All of the answer stated

Stated below are the factors causing the NESTLE stock price to move up and down, EXCEPT

• Performance of the company's in the market

• Rumour of the company being circulated

• Future plans announced by the company's leader

• Numbers of citizens playing Facebook in Malaysia

Long-term investment is better than short-term investment because

• more money earned in a short time

• lower risk than short-term investment

• more effort demanding than short-term investment

• to have more money in own pocket

What is lifestyle inflation?

• Income increase, spending decrease

• Income increase, spending increase

• Income decrease, spending increase

• Income decrease, spending decrease

You should NOT implement your budget plan when...

• Expenses = Income

• Expenses < Income

• Expenses > Income

Which of the following is NOT the benefit of the financial planning?

• Saving money for emergency use

• To spend high amount of money on entertainment

• Prevent high amount of financial debt

• Achieving personal financial security and freedom