WorksheetsJA FINANCE - Read pp 69-77 Saving and Investing
Total questions: 8
Worksheet time: 2hrs 0mins
What is the definition of a "need" according to the lesson?
Goods and services that people cannot survive without
Goods and services desired to make a person more comfortable
Goods and services that are always expensive
Goods and services that are unnecessary
Which of the following is considered a "want" rather than a "need"?
Water
Smartphone
Shelter
Food
What is impulse buying?
Buying goods and services after careful planning
Buying goods and services without prior planning
Buying only necessary items
Buying items on sale
Which of the following is a tactic sellers use to encourage spending?
Offering discounts
Providing free samples
Creating a sense of urgency
All of the above
What is the primary focus of Lesson One in Budget+?
Learning how to save money
Understanding the difference between needs and wants
Investing in stocks
Learning about different currencies
What is Caleb’s net monthly income? See page 73
How much are Caleb’s regular monthly expenses? See page 73
What are Caleb’s short-term goals? See page 73
