Passive Income

Passive Income

8th - 12th Grade

•

23 Qs

quiz-placeholder

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Passive Income

Passive Income

Assessment

Quiz

•

Specialty, Professional Development, Life Skills

•

8th - 12th Grade

•

Practice Problem

•

Hard

Created by

Sarah Harrison

Used 20+ times

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23 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Why is passive income important?

Because it shows you want not to do in life

Because most wealthy people create passive income

Because it is hard to become a millionaire without it

Because your time is your most valuable resource

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

How do you get passive income

Investing income producing investments

Renting out your car, driveway, or a room.

Selling a book, course, or webinar online.

Lending money to peers and charging interest.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Most people build passive income while...

Sitting in Jail

Working at a job

Running a business

Sitting at home with their kids

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Passive income means...

You don't have to do any work

You have to do very little work

You gain more time freedom than you have with active income

Can be a challenge to set up but can give you money while you sleep with little effort

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Passive income gives you time which most people use...

To spend time with people they care about

To be lazy

To work at things they are passionate about

To buy luxury items or travel

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Only extremely smart people can earn passive income

True

False

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Three things that can help you have more time to learn about creating YOUR OWN passive income

1 Hour of Social Media Time

1 Hour or Netflix or other TV/Movie Time

Hanging out after work/school with Friends Every day

Time studying to graduate high school or college

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