TRUE OR FALSE?

One’s level of financial literacy affects one’s quality of life significantly.

(a)  

TRUE OR FALSE?

World Bank study in 2014 estimated 30 million Filipinos saved money but only

half had bank accounts.

(a)  

TRUE OR FLASE?

Frugal are those people who spend money for self-worth value how much they accumulate and tend to judge others based on the amount of money they have.

(a)  

TRUE OR FALSE?

One of the best ways to make sure your daily spending habits don't overwhelm your life goals is not to create a spending plan.

(a)  

TRUE OR FALSE?

Asian Development Bank (ADB) in 2015 revealed that PH has a national strategy for financial education and literacy.

(a)  

Write FALSE if TRUE and TRUE if FALSE

Financial literacy enables people to understand and apply knowledge and skills to achieve a lifestyle that is financially balanced, sustainable, ethical and responsible.

(a)  

Write FALSE if TRUE and TRUE if FALSE

Real versus nominal interest rates is under of earning income.

(a)  

Write FALSE if TRUE and TRUE if FALSE

More than 80% of the working middle class have no formal financial plan.

(a)  

Write FALSE if TRUE and TRUE if FALSE

Setting short-term, mid-term, and long-term financial goals is an important step toward becoming financially secure.

(a)  

Write FALSE if TRUE and TRUE if FALSE

Putting your financial goals in writing can make them more abstract and unattainable.

(a)