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Which of the following is NOT one of the 5 foundations of personal finance?

• Pay cash for your car
• Get out of debt
• Use 5 year financing to buy your car
• Build wealth and give

How much money should be in an emergency fund?

• 100

• Have no clue because I wasn't listening.

• 500

• 1000

When I want to buy I car I should________________

• pay cash

• borrow from my parents

• borrow from the bank

The five steps to financial success

• The Five Compliments
• The Five Foundations
• The Five Freedom Steps
• The Five Money Saving Steps

The Five Foundations are:

1) Save a $500 Emergency Fund

2) Get out and stay out of debt

3)Pay cash for your car

4) Pay cash for college

5) __________________________?

• Build wealth and give

• Retire early

• Pay someone else's debt off

• Build wealth and be selfish

Which subtopic focuses on preparing for unexpected financial situations?

• emergency funds

• credit card rewards

• retirement planning

• savings accounts

What is an example that you can use the $500 Emergency Fund for?

• Groceries
• Car broke down
• Your friend needs $50
• Black Ops III

What is the Second foundation of personal finance?

• Get out of Debt
• Buy Stuff
• $100 Emergency Fund
• Finance your Car

What is the Third foundation of Personal Finance?

• Pay cash for stuff
• 5 year financing on car purchases
• Pay cash for your car
• 4 year financing on car purchases

What is the Fourth foundation of Personal Finance?

• Go to a cheap college
• Avoid Private Schools
• Get financial aid
• Pay cash for college