Dollars and Sense Final Exam Review Fall 2021

What is The First Foundation?

• Build wealth and give

• Save a $500 emergency fund

• Pay cash for your car

• Get out of debt

Which of the following is NOT a component of a budget?

• Credit Score

• Income

• Saving

• Giving

If you get married, only one person is responsible for budgeting.

• True

• False

What is the goal of an emergency fund?

• To pay for large purchases

• To save for college expenses

• To pay for health insurance

• To have cash on hand for unexpected events

Your greatest tool to building wealth is _____________.

• Your income

• Tax cuts

• Single stocks

• Your credit score

When you buy with credit, you typically spend more than you would with cash or a debit card.

• True

• False

Which of these is NOT one of the main credit bureau reporting agencies?

• Equifax

• Transunion

• Experian

• Identifax

An entrepreneur is someone who ______________.

• Works an entry level job at a large business

• Gets hired to work for their dream company

• Starts and runs their own business

• Starts and runs someone else's business

What is the point where your greatest talents, passions, and values intersect?

• Your perfect place

• Your sweet spot

• Your dream job

• Your first job

Many employers will research job candidates' social media posts before hiring them.

• True

• False