What was the main reason Jonathan decided not to order food?

Financial Literacy and Savings Concepts

Interactive Video
•
Business, Life Skills, Education
•
9th - 12th Grade
•
Hard

Olivia Brooks
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
He didn't like the menu.
He wasn't hungry.
He wanted to save money.
He was on a diet.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the concept of opportunity cost as discussed in the video?
The cost of missing out on a meal.
The trade-off between current spending and future savings.
The expense of buying luxury items.
The price of not investing in stocks.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much of your income is suggested to be saved according to the rule of thumb?
20%
25%
15%
10%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a 401k?
A high-interest savings account.
A fund for educational expenses.
A retirement account set up through your employer.
A type of savings account for emergencies.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of an emergency fund?
To pay for daily expenses.
To cover unexpected financial needs.
To invest in the stock market.
To buy luxury items.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the name of the piggy bank fund mentioned in the video?
Jonathan
Trevor
Liam
Kevin
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a 529 account used for?
Building an emergency fund.
Investing in real estate.
Saving for retirement.
Saving for higher education.
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