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WorksheetsDuit Right Plus Quiz
Total questions: 16
Worksheet time: 9mins
When I think of traits of successful people, I think that they:
(You can pick multiple answers)
Earn a lot of money
Became famous
Have a lot of fans & followers
Work hard and earn it honestly
I think that the only way to earn money is to work in a job. Do you agree or disagree?
Agree
Disagree
(a) income is recurring income received from completed work and income-generating assets
What are examples of passive income?
Royalties received from my published movie “Crash landing on Mars”
Receiving salary for my job as a farmer
Payment from customers buying bread from my bakery
Receiving payment when I'm selling my house
Your friend, Aishah wants to open a bubble tea shop in the future.
What advice will you tell your friend so that she can save more money in the bank?
Start saving early with small amount
Start saving later with big amount
Get a loan from the bank
Borrow money from loan shark
Aishah’s older brother, Arif saves RM 500.00 in the bank every year, for 2 years to buy a laptop.
The bank gives a compound interest rate of 3%. What is his total bank savings at the end of the 2nd year?
*He did not take out any money from his bank.
RM 515.00
RM 530.45
RM 1,030.00
RM 1,045.45
How do we maximise our investment returns?
By playing safe- Investing 100% in low-risk investments
By diversification- Investing 50% in low-risk and 50% high-risk investments
By diversification- Investing 100% in high-risk investments
By uniformity- Investing 100% in high-risk investments
Your friend, Hamdan from Singapore is here in Malaysia for a visit.
Hamdan has Singapore Dollars and asks for your help to convert to Ringgit Malaysia.
How much Ringgit Malaysia will you get if he exchange:
1 SGD = RM 3.50
200 SGD = RM 700.00
1 SGD = RM 0.33
200 SGD = RM 66.67
1 SGD = RM 4.25
200 SGD = RM 850.00
1 SGD = RM 3.00
200 SGD = RM 600.00
You are going to London for a holiday. You wanted to buy tickets to watch English Premier League, a football match with your family. You have Ringgit Malaysia and want to convert to British Pound.
You are at a Malaysia Money Changer. The signboard at the money changer shows:
How much British Pound will you get from:
RM 1 = £ 0.19
RM 500 = £ 96.15
RM 1 = £ 0.18
RM 500 = £ 87.82
RM 1 = £ 0.33
RM 500 = £ 166.67
RM 1 = £ 5.70
RM 500 = £ 2,850.00
Which of the following is true about wants and needs?
Wants are nice things that I can't live without
Needs are nice things that I can live without
Needs are things that I can’t live without
What are examples of needs?
Fast Food
Holiday
Luxury Car
Clothes
Complete the 6 simple steps of budgeting:
Step 1: Write how much money you earn
Step 2: ?
Step 3: List all your spending
Step 4: ?
Step 5: Write how much to donate
Step 6: Cross out wants you cannot afford
Step 2: Spend at least 10%
Step 4: Buy needs only
Step 2: Separate needs from wants
Step 4: Save at least 10%
Step 2: Save at least 10%
Step 4: Separate needs from wants
Step 2: Save at least 10%
Step 4: Separate needs and buy wants
Aishah was sick in the hospital for a week.
She had an insurance card that pays for all the hospital fees.
What type of insurance covers for her sickness in hospital?
Medical insurance
Life insurance
Motor insurance
Travel insurance
Bala is planning to take a good debt in the future.
Can you help him in choosing what he shouldn't spend his debt on?
Study graphic designing in university
Start a café business
Buy a sportscar
Buy an apartment
Have you joined for any financial education class/program before?
Yes
No
Did you enjoy the session?
Yes
No
