Money in Our Lives Quiz

Typical behavior of an avoider is...

• ...very concerned with those who have less.

• ...very careless with money.

• ...doesn't like making financial decisions, puts them off even though they are important.

• ... saves every penny and never spends money.

This money personality type likes to make a lot of money and spends a considerable amount of time researching ways to save money.

• Spender

• Squanderer

• Collector
• Avoider

The "Thinker" money personality...

• Never thinks about anyone but themselves.

• Spends money very carelessly.

• Cares about others who have less money, feels guilty about having more money than they do.

• Is very concerned with saving money and researches the best ways to invest.

A discount is...

• The cost of a product minus sales tax.

• The cost of a product plus sales tax.

• An addition to the usual cost of a product or service

• A deduction from the usual cost of a product or service.

The way in which a person lives can be described as their...

• Lifestyle

• Habits

• Motivation

• Living expenses

People who spend money carelessly are described as...

• Surprised

• Serious

• Savers

• Spenders

Values are...

• One's personal judgement about friends

• One's personal judgement about what is important in life

• One's professional judgement about what is important in life

• Too complicated to describe accurately

Jan works at the local grocery store. She earns $10/hr (after taxes are deducted) and works there 20 hours per week. Jan is saving for an emergency fund and every week she puts 50% of her money in a savings account. How much does Jan save every week?

• $10

• $20

• $100

• $200

Jan works at the local grocery store. She earns $10/hr (after taxes are deducted) and works there 20 hours per week. Jan is saving for an emergency fund and every week she puts 50% of her money in a savings account. If Jan does not change her current savings plan, how long will it take her to save $300 for a purse that she wants to buy?

• 1 month

• 3 weeks

• 3 months

• 6 weeks

Jan works at the local grocery store. She earns $10/hr (after taxes are deducted) and works there 20 hours per week. Jan is saving for an emergency fund and every week she puts 50% of her money in a savings account. If Jan does not change her current savings plan, how much should she save every week to buy a $300 purse that she wants to purchase in six weeks?

• $10

• $20

• $50

• $100