Level up Seminar

Who is an Entrepreneur?

• A person who works for someone else

• A person who runs their own business

• A person who invests in stocks

• A person who saves money

Why do entrepreneurs start businesses?

• To make money

• To help others

• To solve a problem

• All of the above

4. Why is it important for young people to understand financial literacy?

• So they can spend more money

• So they can save money and make smart financial decisions

• So they can invest in stocks

• o they can start a business

3. What is financial literacy?

• Knowing how to count money

• Understanding how to manage money and make smart financial decisions

• Knowing how to save money

• owing how to spend money

5. What is the difference between a need and a want?

• A need is something you want, and a want is something you need

• A need is something essential, and a want is something desirable

• A need is something expensive, and a want is something cheap

• A need is something short-term, and a want is something long-term

6. Which of the following is an example of a need?

• A new video game

• A pair of shoes

• ) Food and water

• A luxury car

7. What qualities do entrepreneurs need to succeed?

• Creativity, risk-taking, and perseverance

• Intelligence, athleticism, and his or her family

• Physical strength and endurance

• Physical strength and endurance

8. Why is perseverance an important quality for entrepreneurs?

• Because it helps them give up easily

• Because it helps them overcome obstacles and challenges

• Because it helps them make more money

• Because it helps them become famous

9. What is the purpose of a budget?

• To track income and expenses

• To save money

• To invest in stocks

• To spend money

10. Why is saving money important?

• So you can spend it on luxuries

• So you can invest in stocks

• so you can achieve long-term financial goals

• So you can impress others