everfi

How long should your emergency fund last?

• 1-3 months

• 3-6 months

• 1-2 weeks

• 1-2 years

How often should you review your budget?

• Weekly

• Monthly

• Quarterly

• Annually

What is the first step in creating a budget

• Decide how much money you will spend on food

• decide how much money you have spent in the past

• decide how much money you will save

• decide how much money you wil spend on entertainment

What should be your first financial goal?

• Buying a car

• Going on a vacation

• Building an emergency fund

• Investing in stocks

How can you save for your goals faster.

• Choosing wants before needs

• choosing wants, not needs

• Choosing needs before wants

• Not preparing a budget

Which of these can help you save money?

• Budgeting

• Increasing Income

• Reducing Expenses

• All of the answers

What is a good strategy for avoiding overspending?

• Buying everything you want

• Using credit cards for all purchases

• Setting a budget and sticking to it

• Ignoring your bank account balance

Why is it important to have a savings account?

• To have money for emergencies

• To buy luxury items

• To show off to friends

• None of the above

Why do we save money?

• To get a discount on paying bills

• Being able to write checks

• Not having to worry about expenses

• Being able to pay for emergencies

When was TikTok published?

• 2016

• 2017

• 2015

• 2014