Getting Good with Money Chapters 1-3

Getting Good with Money Chapters 1-3

Professional Development

10 Qs

quiz-placeholder

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Getting Good with Money Chapters 1-3

Getting Good with Money Chapters 1-3

Assessment

Quiz

Life Skills

Professional Development

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tiffany's parents immigrated to the United States from what country

Barbadoes

Ghana

Nigeria

Columbia

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tiffany downfall into financial peril was mainly due to

Borrowing against her mortgage

Taking a cash advance from her credit card

Taking out a personal loan

Maxing out a credit card

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At the beginning of the book, Tiffany has managed to save a ton of money. She loses her money due to a scam. What was the scam?

She decided to become a property investor.

She purchased counterfeit items from online boutiques.

Her "friend" tells her to invest in a business using money from her credit card.

She opened up a financial planning business through the United Way.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long did it take for Tiffany to get out of debt?

10 years

1 year

5 years

7 years

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Tiffany's career before becoming a financial planner?

An accountant

A teacher

A nonprofit employee

A bank teller

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to "Get Good with Money" the definition of financial wholeness is

when all aspects of your financial life are working together for your greatest good, your biggest benefit, and your richest life.

When your checking account and savings account are balanced.

When you save all of your money

When you have financial accountability

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Having multiple savings accounts in one place is a strategic way to accumulate wealth

True

False

Answer explanation

Having multiple savings accounts in different banks helps to deter excessive spending.

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