What is a budget?

• A type of loan

• A plan for managing income and expenses

• A place to save money

What does it mean to invest money?

• To spend it all

• To put money into something to earn more money over time

• To keep it under your mattress

Why are affirmations important?

• They help you build a positive mindset and boost your confidence.

• They make problems magically disappear without any effort.

• They impress your friends and make you seem cooler.

What does the "flow of money" mostly describe?

• How fast you can spend all your money online.
  

• How money moves between banks, individuals and businesses.

• How to hide money so you don’t have to share it.

• How much to invest in your brokerage account.

What is a loan?

• Money you give to someone else

• Money you borrow and agree to pay back with interest

• Money you earn from a job

What is an example of a need?

• A. A smartphone

• B. Food and shelter

• C. A new video game

What is a financial goal?

• A. Spending all your money on one thing

• B. A plan for your money over time

• C. Borrowing as much money as possible

Why is it important to have an emergency fund?

• A. To buy new clothes

• B. To cover unexpected expenses

• C. To lend money to friends

Why are ethics (and ethical behavior) important?

• They are only important when someone is watching.

• They guarantee you’ll never make a mistake.

• They help you make choices that are fair, honest, and respectful to others.

Why is it important to know the difference between a need and a want?

• So you never have to plan or budget.

• So you can make smarter choices about how to spend and save your money.
  

• So you can always get the newest gadgets.