MONEY WISE QUIZ!!

The following are useful tools that help individuals grow their money and/or protect assets, EXCEPT _________________.

• Bank Savings

• Insurance Policies

• MRI

• Loan Sharks

How much emergency funds must be saved up by a working professional as advised by financial experts?

• at least 3-6 Months worth of Monthly Expenses

• at least 5-10 Months worth of Monthly Expenses

• at least 12 Months worth of Monthly Expenses

• at least 24 Months worth of Monthly Expenses

It is a type of monetary benefit in the Philippines that the government mandates under Presidential Decree No. 851.

• Christmas Bonus

• Maternity Cash Benefit

• 13th Month Pay

• 14th Month Pay

Which of the options below is oldest bank in the world that is still in operation?

• Swedish Riksbank

• Banca Monte dei Paschi di Siena

• Berenberg Bank

• Bank of the Philippines

To battle against the high inflation rate issue in the country, which of the ways below can be explored?

• Strict Budgeting of the Money coming in.

• Increase source of income.

• Monetize on your skills and services.

• All of the above.