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BYB Level 1 Unit 1

Total questions: 13

Worksheet time: 7mins

Name
Class
Date
1.

What is one example of a goal that can make you feel successful and happy?

a)

Learning to hula hoop

b)

Buying a new phone

c)

Winning a lottery

d)

Getting a promotion

2.

What does the text imply about managing money?

a)

It is unnecessary for happiness

b)

It can help make life less tough

c)

It is only for wealthy people

d)

It is a waste of time

3.

What is the text's advice regarding asking personal questions in an interview?

a)

Ask about their income

b)

Avoid asking about their income

c)

Ask about their spending habits

d)

Avoid asking about their hobbies

4.

What is not the only way to success or happiness according to the document?

a)

Education

b)

Money

c)

Friendship

d)

Travel

5.

What is an abundance mindset?

a)

Believing there is not enough money for everyone

b)

Feeling grateful and positive about finances

c)

Thinking money is the root of all problems

d)

Being indifferent about financial success

6.

Which of the following is an example of an affirmation for an abundance mindset?

a)

"I never have enough money."

b)

"I am grateful for the money I have and make smart choices with it."

c)

"I dislike sharing my resources."

d)

"I focus on what I lack."

7.

What might a property manager trust you to do with a high credit score?

a)

Buy a car

b)

Rent an apartment

c)

Start a business

d)

Travel abroad

8.

What is one benefit of having a high credit score?

a)

Free travel tickets

b)

Lower interest rates

c)

Free meals

d)

More friends

9.

What should you do with your credit card balances to improve your credit score?

a)

Keep them high

b)

Ignore them

c)

Keep them low

d)

Close your cards immediately

10.

What is advised against when trying to improve your credit score?

a)

Paying bills on time

b)

Borrowing only what you need

c)

Avoiding tempting credit card deals

d)

Opening many new accounts at once

11.

What is the purpose of setting reminders for payments?

a)

To forget about them

b)

To ensure payments are made on time

c)

To increase credit card usage

d)

To avoid paying bills

12.

What is a consequence of opening too many new accounts at once?

a)

It improves your credit score

b)

It lowers your credit score

c)

It has no effect on your credit score

d)

It guarantees better credit deals

13.

What is the document's advice on closing credit cards?

a)

Close them immediately

b)

Keep them open and manage them well

c)

Open new ones frequently

d)

Ignore them