WorksheetsSmart Money Camp by Sneha Jaggar
Total questions: 11
Worksheet time: 6mins
What are the types of expenses mentioned in the session?
Fixed, periodic, and variable
Essential, non-essential, and luxury
Immediate, short-term, and long-term
Daily, weekly, and monthly
What is the recommended percentage allocation for savings in budgeting?
100%
50%
40%
20%
What is the recommended way to invest in equity mentioned in the text?
Real estate
SIP (Systematic Investment Plan)
Cryptocurrency
Gold
How often should you monitor your financial plan?
Bi-annually
Quarterly
Monthly
Annually or as and when needed
What is the main focus of mindful money management?
Investing in risky ventures
Spending money without thinking
Making smart and purposeful financial decisions
Making as much money as possible
What type of account is recommended for people who are employed and receive a salary?
Savings account
Salary account
Current account
NRO account
Which is the first step towards financial freedom?
Secure your Family = Protection
Monitor Periodically = check
Spend all your money = be spendthrift
Money Movement = Budgeting
Rent is a (a) expense
Your goals must be
TACTFUL
ARTISTIC
SMART
PURE
Make your money work =
Budgeting
Protection
Sowing
Invest
There are 2 sides to money, technical
Mechanical
Personal
AI
Manual
