"Saving"-Training in Finances-3th Term -2

What is the philosophy behind 'Bougie Broke'?

• Cutting back on expenses without losing joy

• Spending money to handle stress

• Saving less for the future

• Having a distorted view of one's financial situation

Tags

CCSS.RI.5.2

CCSS.RI.6.2

CCSS.RI.7.2

CCSS.RL.5.2

CCSS.RL.6.2

What does 'Girl Math' suggest if a girl buys a 300 euro dress and resells it for 100 euros after wearing it to three weddings?

• She has spent 200 euros on the three parties outfits

• She has spent 200 euros on each wedding outfit

• She has spent 100 euros on each wedding outfit

• She has spent 50 euros on each wedding outfit

What is the main idea behind 'Soft Saving'?

• Using money more in the present rather than saving for the future

• Cutting back on expenses without losing joy

• Spending money to handle stress

• Distributing money into different envelopes

Tags

CCSS.RI.5.2

CCSS.RI.6.2

CCSS.RI.7.2

CCSS.RL.5.2

CCSS.RL.6.2

What is 'Cash Stuffing' also known as?

• The envelope method

• Doom Spending

• Bougie Broke

• Girl Math

What does 'Money Dysmorphia' refer to?

• Having a false or distorted view of one's financial situation

• Spending money to handle stress

• Cutting back on expenses without losing joy

• Using money more in the present rather than saving for the future

Why do some young people practice 'Doom Spending'?

• They believe saving for the future is no longer practical

• They want to save money for retirement

• They are trying to reduce debt

• They focus on long-term financial goals

Tags

CCSS.RI.6.1

CCSS.RI.6.8

CCSS.RI.7.1

CCSS.RI.7.8

CCSS.RL.6.1

What is 'Girl Math' according to the text?

• Calculating the total cost of outfits for multiple events to determine if buying or renting is cheaper

• Spending money on luxury items without worrying about the cost

• Saving money by buying products in mass quantities

• Use a calculator to control daily expenses

Tags

CCSS.6.RP.A.3B