Financial Management Quiz

What does financial control help you do?

• Set financial goals like saving for a holiday

• Spend all your money quickly

• Forget about your expenses

• Ignore your savings

How can tracking your expenses help you?

• Identify areas to cut back and pay off debts

• Spend more money on shopping

• Forget about saving

• Buy more shoes

What does budgeting give you?

• Financial control over your money

• More toys to play with

• A new car every year

• Unlimited handbags

Why is building an emergency fund important?

• For unexpected expenses like car repairs

• To buy more video games

• To go on more vacations

• To eat out every day

What does budgeting help you do with your money?

• Spend more than you earn

• Lose track of your money

• Gain financial control

• Forget about your expenses

What does goal setting allow you to do?

• Set financial goals like saving for a holiday

• Spend money on anything you want

• Ignore your expenses

• Forget about budgeting

How can tracking your expenses help you?

• Identify areas to cut back and pay off debts faster

• Spend more money

• Ignore savings

• Buy more things

What does budgeting give you?

• Financial control over your money

• More expenses

• Less savings

• More debts

Why is building an emergency fund important?

• For unexpected expenses like car repairs

• To buy more toys

• To go on vacation

• To eat out more often

What does setting a budget help you do?

• Buy more toys

• Set financial goals

• Eat more candy

• Watch more TV