Intro to Personal Finance/Saving

What are the two basic money personalities?

• Saver/Investor

• Saver/Spender

• Spender/Investor

• Spender/Stealer

Money goals should be both long-term and short-term.

• True

• False

To win with money, what you know is more important than what you do.

• True

• False

It is not necessary to learn financial terms as long as you can depend on financial experts.

• True

• False

Most Americans live paycheck to paycheck.

• True

• False

The Bible says that money is the root of all evil.

• True

• False

The First Foundation is to pay off your debt.

• True

• False

Dave recommends that teenagers should have how much money in an emergency fund?

• $100

• $500

• $1,000

• Dave says that teenagers do not need an emergency fund.

Level at which you pay yourself first

• Survival

• Comfort

• Security

Level at which a person lives paycheck to paycheck

• Survival

• Comfort

• Security