Chapter 2 Review: Dave Ramsey Middle School Edition

Whether it’s credit cards, student loans, or car loans, going into debt is always a(n) _______ idea.

• Realistic

• Bad

• Good

• Acceptable

Debt is marketed to us just like any other product.

• True

• False

Save up and pay for things you want with _______ and say NO to debt.

• Debt

• Credit

• Checks only

• Cash

Car loans are a way of life, and you’ll always have a car payment

• Truth

• Myth

You need to have a credit card

• Truth

• Myth

If you pay with _______, you won’t have to worry about paying anything else later.

• Cash

• Debit

• Credit

• Credit Card

Debt is fun because I can buy whatever I want.

• Truth

• Myth

A “good” credit report or a high credit score doesn’t mean you have a lot of money or you are good with money. It just means you have _______.

• Savings

• Checks

• Debt

• None of these

Which of the following will help you avoid debt?

• Saving money

• Using credit cards

• Putting items on credit

• Opening a line of credit

Basically, your credit score is an “I love _______” score.

• Spending

• Debt

• Money

• Saving