Financial Responsiblity

Legal tender used to buy goods and services

• bitcoin

• money

• transactionary

• need

All of the following may be considered money- cheques, bitcoins, gold and corn

• True

• False

Needs are essential to your well-being. Needs include food, shelter and the new Iphone.

• True

• False

I must have Burger King everyday. This is an example of a

• Want

• Need

• Money

• Savings

A sou sou is a form of

• Money

• Spending

• Savings

• Debt

Savings that allows an individual to meet day to day needs is called

• Speculative

• Transactionary

• Precautionary

• None of the above.

My rainy day fund is considered my

• Precautionary savings

• Transactionary Savings

• Speculative Need

• None of the above

Wealth held in a different form (e.g. land, gold, property) is considered

• Transactionary

• Precautionary

• Money

• Speculative Need