Session one review

Value refers something that people believe important to them.

• True

• False

Peer always provides negative pressure on you.

• True

• False

Habit refers to what you do retuinely

• True

• False

"Family" is one of the key factors that influence people's decision making process.

• True

• False

Opportunity cost refers to what a person gives up when a decision is made.

• True

• False

The most difficult part of decision making process is "analyzing".

• True

• False

"Budget" is one of a key factors that influence people's decision on what to or not to buy.

• True

• False

First step in decision making process is to gather information.

• True

• False

The value of $100 in the next 5 years could be lower than the value of $100 today if it just sits the pocket.

• True

• False

People should start learning about financial literacy when you start having a job and earning their own income.

• True

• False