Money Week 2023

The most expensive insurance is always the best choice.

• True

• False

What is inflation?

• Getting a raise in your salary

• When you blow up a balloon

• General increase in prices and fall in the purchasing value of mone

• The increase of stock market prices

How do you know if the charity you're donating to is trustworthy?

• Their logo looks nice.

• A friend recommended it.

• Someone on TikTok made a video about it.

• You researched the organisation.

The shoes Paul wants to buy are "limited edition". What does this mean?

• The shoes are on sale for a short period of time.

• He has to buy them now to own them.

• It's a marketing strategy.

• He will be the only person to own these shoes.

Purchasing an expensive stock will always guarantee more returns than a cheaper stock.

• Only for tech companies.

• True.

• False.

What makes for a higher income? Working 39 hours a week at 10.50€ per hour or working 42 hours a week at 9.5€ per hour?

• They are the same income.

• 39 hours a week at 10.50€ per hour.

• 42 hours a week at 9.50€ per hour.

An email from what seems to be your bank warns you of suspicious transactions in your account. The safest thing to do is

• Follow the link provided in the email to check the transactions history.

• Call your bank on the number provided on its website to verify the email.

• Call the number provided in the email to receive more information.

• Send a reply email to the sender asking for clarifications.

Anna just bought a new phone and is paying in installments. This means she

• has the phone now and will pay in 12 months.

• has the phone now and will pay when she wants.

• rents the phone for 12 months.

• has the phone now and will pay it over 12 months.

The phone Anna bought arrives damaged. What should she do?

• Ask the customer service for a return or exchange.

• Anna cannot do anything.

• Contact her bank to get a refund.

Lisa owes €1,000. The interest is 20% per year. Without paying anything off, how long until the debt doubles?

• More than 5 years.

• Less than 2 years.

• More than 2 years.