Worksheetsbig money bankroll
Total questions: 20
Worksheet time: 10mins
Name
Class
Date
1.
what are one of the 5 foundations of money
a)
get out of debt
b)
right a check for college
c)
never save money
d)
none of the above
2.
a single stock would be a good place to keep your emergency fund.
a)
true
b)
false
3.
diversification lowers risk with investing
a)
true
b)
false
4.
long term investments properly diversified include the following mutual funds:
a)
growth, growth and income, bond, aggressive growth
b)
growth, balanced, international, bond
c)
international, bond, aggressive growth, growth
d)
growth, growth and income international, aggressive growth
5.
which of the following is a good investment option?
a)
gold
b)
Viaticals
c)
futures
d)
mutual funds
6.
which statement is true about liquidity?
a)
the less liquid the investment, the less return
b)
the more liquid an investment, the more return
c)
the more liquid an investment, the more return
d)
both a and b
7.
when it comes to saving money, the amount you save is determined by how much you have left at the end of the month once all of your spending is done
a)
true
b)
false
8.
your income level greatly affects your savings habits
a)
true
b)
false
9.
at your age, a fully funded emergency fund should be:
a)
$1,000
b)
$5,000
c)
$100
d)
$500
10.
which of the following is not one of the three basic reasons for saving money?
a)
large purchases
b)
have money available to lend to friends
c)
emergency fund
d)
build wealth
11.
instead of borrowing money for large purchases, you should set money aside in a _______ over time and pay with cash.
a)
mortgage fund
b)
emergency fund
c)
credit card fund
d)
sinking fund
12.
single stock investing carries an extremely _________ degree of risk
a)
high
b)
low
13.
what is the name of this class?
a)
banking and investment
b)
math
c)
language
d)
financial literacy
14.
real estate is the _____ liquid consumer investment.
a)
least
b)
most
15.
you should pay cash for college
a)
true
b)
false
16.
Single stock investing carries an extremely__
a)
Low
b)
High
17.
You can start investing with a small amount of money.
a)
False
b)
True
18.
The more sophisticated the investment, the more money you get in return.
a)
True
b)
False
19.
It is okay to borrow money if you are going to invest it.
a)
False
b)
True
20.
Its difficult to find an investment with a long-term record that averages 12%.
a)
True
b)
False
100 %
