Riding Life's Waves Quiz

What is the main theme of the Riding Life's Waves module?

• The impact of significant life events on personal financial income

• The importance of credit ratings

• The history of financial markets

• The benefits of saving money

Which life stage is NOT explicitly mentioned in the module?

• Tertiary education

• Retirement

• Mid-career

• Childhood

What is a common source of income during the tertiary education stage?

• Full-time salary

• Rental income

• Pension

• Casual work

What is a potential consequence of income sources changing?

• Permanent financial loss

• Immediate wealth

• Increased financial stability

• Guaranteed job security

What is one way to minimise the financial impact of significant life events?

• Avoiding all investments

• Spending more money

• Ignoring financial problems

• Seeking budgeting advice

Which of the following is a significant life event that can impact income?

• Watching a movie

• Reading a book

• Buying a first home

• Going for a walk

What is a common source of income during the retirement stage?

• Part-time job

• Student loan

• Scholarship

• NZ Super

What is a reason for income sources changing in the mid-career stage?

• Receiving a student allowance

• Increased job experience

• Retirement

• Starting school

What is a potential negative impact of income sources changing?

• Increased stress

• Permanent job security

• Guaranteed happiness

• Unlimited wealth

What is a potential positive impact of having more income than needed?

• Increased boredom

• Permanent debt

• Guaranteed financial loss

• Ability to support loved ones