Understanding Financial Habits and Investment Strategies

Understanding Financial Habits and Investment Strategies

11th Grade

15 Qs

quiz-placeholder

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Understanding Financial Habits and Investment Strategies

Understanding Financial Habits and Investment Strategies

Assessment

Interactive Video

Social Studies

11th Grade

Hard

Created by

Dru pifel

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first bad money habit discussed in the video?

Overspending on luxuries

Not tracking expenses

Accumulating bad debt

Paying yourself last

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to 'Rich Dad Poor Dad', what is the recommended strategy for managing finances?

Paying yourself first

Paying bills first

Saving whatever is left after expenses

Investing before saving

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the consequence of 'paying yourself last'?

More investments

Potential lack of savings

Financial freedom

Increased savings

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does paying yourself first ensure?

Immediate wealth

Short-term spending

Long-term savings

Instant gratification

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the average interest rate for credit cards as mentioned in the video?

18%

22%

15%

25%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does bad debt affect financial health?

Increases financial burden

Leads to financial stability

Increases credit score

Has no effect

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'lifestyle inflation' refer to?

Increasing expenses as income increases

Increasing savings as income increases

Investing more with higher income

Inflation affecting lifestyle choices

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