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WorksheetsMoney things chapter 2,3
Total questions: 16
Worksheet time: 8mins
How long does it take to create a good budget
30 days
60 days
90 days
120 days
What do millionares not do?
Replace what is not broken
Write a budget
Carry debt
All of the above
The first two
What is FV=PV(1+r/m)mt?
The equation for speed
The equation for simple interest
The equation for compound interest
The velocity and momentum of an asteroid circling Saturn in the vacuum of space
How do you make more money without doing anything?
Compound interest
Simple interest
Putting the money in a ziploc bag
Spending the money
Millionaires go
noticed
unnoticed
in peace
At our age you should have $_________ in your emergency fund
100
200
500
600
700
Emergency funds keep you from going into what when emergencies happen
trouble
wealth
debt
happiness
When you're older your emergency fund should cover _______ months of expenses?
1-2
3-6
7-9
10-12
Which is the 2nd foundation of personal finance?
$500 emergency fund
Get out of debt
Pay cash for car
Pay cash for college
Build wealth and give it away
What kind of fund should you have to save for a purchase?
<--ing fund
diving fund
floating fund
What do you need to do to calculate a sinking fund?
take the amount you need
divide it by the amount of time you have until the purchase
buy a car
pay cash
Is discipline pleasant?
yes
no
maybe
depends on the day
if you put maybe you are a worthless piece of dried Asian food on the side of the road that a raccoon is devouring at this very instant.
What do you put on no.6
7
signature
who's buying
social security number
What do you put on no.1
7
the date
who's buying
social security number
What do you put on no.4
7
amount in words
who's buying
cash
The empire state building flipped upside-down balancing on the blimp pole with Michael B Jordan gazing intently at a seagull thirteen miles away on top of that building.
How much is the average overdraft fee
$10
$20
$35
$45
