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Chapter 10 REVIEW

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

A person who is picky about budgeting and details.

a)

Nerd

b)

Free spirit

2.

The quality or state of being responsible, liable or answerable.

a)

Integrity

b)

Accountability

c)

Powerful

d)

Culpable

3.

A situation in which a person is lacking time, which leads to stress.

a)

Senior-itis

b)

Time poverty

c)

Being a parent

d)

Being human

4.

A person who thinks that everything will work out fine and typically hates to deal with the details.

a)

Nerd

b)

Free spirit

c)

Mr. Barry

d)

Every high school senior

5.

A person's priorities, beliefs and standards that affect how he or she views the world.

a)

Value System

b)

Consideration

c)

Precedence

d)

Attention

6.

Communicating about financial issues and goals in a relationship can reduce conflict.

a)

True

b)

False

7.

When it comes to managing money, your personality and values have no importance.

a)

True

b)

False

8.

Which of the following present challenges to managing money as a single adult?

a)

Time poverty

b)

Being accountable to no one

c)

Impulse buys

d)

All of the above

9.

When it comes to communicating with others about money, you should NOT:

a)

Listen

b)

Manipulate

c)

Pick the right time and place

d)

Be honest

10.

When married couples do not share goals and values in how they manage money, which of the following can occur?

a)

Conflict

b)

Divorce

c)

Stress

d)

All of the above

11.

What is the most important key to financial security for women?

a)

Envelope system

b)

Clipping coupons

c)

Emergency fund

d)

Job promotion

12.

How do men typically get good deals?

a)

Going to the mall

b)

Clipping coupons

c)

Finding sales online

d)

Negotiating

13.

Since men and women are different, who is supposed to do the financial decision making in a marriage?

a)

The wife

b)

The husband

c)

Both spouses

d)

They should each manage their own money

14.

What is a great way for a young person to avoid making money mistakes?

a)

Seek advice from a trusted adult

b)

Let a parent manage their finances

c)

Realize that mistakes are unavoidable

d)

It is unlikely that a young person will make money mistakes

15.

What are the 4 things that couples should talk about and agree on BEFORE getting married?

a)

In-laws

b)

Kids

c)

Money

d)

Housing

e)

Religion