WorksheetsPersonal Finance Test
Total questions: 7
Worksheet time: 2hrs 45mins
What is the bare minimum i need to know to avoid ruining my life?
Spend money on whatever you want
Live below your means
Ignorance is bliss
True or False: Sal Khan, founder of Khan Academy, explains the limited happiness that comes from buying things. Greater value comes from the freedom that money gives you to focus on your passions
True
False
What advice does Khan give for new grads?
Think about your short term goals before making big purchases
things about your long term goals before making big purchases
both of these
neither of these
Currently, the full cost of a year of a private education (Colleges like Samford & Birmingham Southern) is about __________
$22,500
$45,000
$20,000
$100,000
Currently, the average cost of a public education (Colleges like Auburn & Alabama) is about _________
$22,500
$45,000
$20,000
$100,000
What is one of the best ways to help you save money?
Get a minimum wage job
Get a high paying job
Keeping a detailed budget and avoid overspending
none of these
True of False: Establishing an emergency fund can cause problems for you down the road and you should avoid it if possible.
True
False
