Financial Fitness Quiz

Financial Fitness Quiz

40 Qs

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Financial Fitness Quiz

Financial Fitness Quiz

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Created by

Benjamin Bimenya

Used 4+ times

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40 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which stage of life might require the most financial planning due to potential health expenses?

Primary school
High school
Running a business
When you are much older

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might the financial needs of someone running a business differ from those of a high school student?

Business owners have more free time
High school students have more expenses
Business owners need to invest in their business
High school students earn more money

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key habit of financially fit individuals?

Ignoring opportunities for additional income
Making unplanned purchases
Always looking for new ways to earn or save money
Living day-to-day without a financial plan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of reducing spending?

Buying a new pair of shoes when your old ones are good enough
Paying for an expensive haircut
Walking instead of paying for transport
Buying a soda when you have enough water

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the proverb 'Akabando k’iminsi gacibwa kare kakabikwa kure' suggest about financial planning?

It's important to plan ahead
Spending money is more important than saving
Debt is unavoidable
Financial planning is unnecessary

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which habit is NOT associated with financial unfitness?

Ignoring opportunities for additional income
Making unplanned purchases
Creating a budget
Accumulating debt without a plan

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to differentiate between needs and wants?

To ensure you spend all your money
To prioritize spending on essentials
To avoid saving money
To increase debt

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