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WorksheetsMoney Management
Total questions: 25
Worksheet time: 25mins
Which of the following is NOT a good way to save money as a student?
Buying generic brands instead of name brands.
Eating out frequently with friends.
Using coupons and discounts.
Selling old textbooks.
use credit card frequently
What is the first step in creating a personal budget?
Tracking your spending for a month.
Reducing unnecessary expenses.
Opening a savings account.
Setting financial goals.
Using the ATM
Which of the following can help you avoid credit card debt?
Only using your credit card for emergencies.
Paying off your balance in full each month.
Carrying a high balance on your credit card.
Applying for as many credit cards as possible.
Using credit card frequently
Why is it important to have an emergency fund as a student?
To buy the latest gadgets.
To go on vacation.
To cover unexpected expenses, like car repairs or medical bills.
To impress your friends.
To show off to your friends.
Nearly a third of young adults in a recent study were found to be "financially precarious" because they had ___ ___ ___ (hiểu biết về tài chính kém/ kỹ năng quản lý tiền bạc kém - 3 or 4 words).
(a)
Only 22 percent of the 18- to 24-year-olds in the study sample were better at __ __ __ __ __ (lên kế hoạch và quản lý tài chính của họ - 5 words).
(a)
Many young people today tend to be __ __ (bấp bênh về mặt tài chính - 2 words) due to their absence/lack of understanding/ knowledge of how to manage their finances.
(a)
It is concerning that many young people are entering adulthood without __ __ __ (không đủ năng lực về tài chính - 3 words) to ensure their future well-being and that of their children.
(a)
If parents take the time to discuss their income and __ ___ (chi phí sống/sinh hoạt - 2 or 3 words) openly and honestly, their children will be better prepared to manage their finances in the future.
(a)
Even though teens may think they know it all, research has found that ___ ___ (các vấn đề về tiền bạc - 2 words) are one area where teens are most assuredly lacking knowledge.
(a)
They have also struggled with __ __ (hành vi quản lý tiền bạc - 2 words) such as budgeting (lập ngân sách) and credit card usage.
(a)
These days, unfortunately, many youth have not received either formal or informal (a) (sự hướng dẫn - 1 word) on financial matters.
The amount of money you have available to spend or a plan of how much money you will spend on something
savings
allowance
budget
stocks
Which of the following is a synonym for 'frugal'?
A) Wasteful
B) Thrifty
C) Extravagant
D) Lavish
What is the main idea of the passage: 'Effective money management involves setting financial goals, creating a budget, and tracking expenses'?
A) Spending money freely
B) Importance of financial planning
C) Ignoring financial goals
D) Avoiding budgets
Choose the correct sentence:
A) Money management are important for financial stability.
B) Money management is important for financial stability.
C) Money management am important for financial stability.
D) Money management be important for financial stability.
Which word best completes the sentence: 'To save money, it is essential to ______ unnecessary expenses.'
A) Increase
B) Eliminate
C) Encourage
D) Accumulate
What is the antonym of 'budget'?
A) Plan
B) Spendthrift
C) Save
D) Economize
In the context of money management, what does 'liability' mean?
A) An asset
B) A debt or obligation
C) A source of income
D) A financial gain
Which of the following sentences uses 'budget' correctly?
A) She budget her time wisely.
B) They budgeted their expenses for the trip.
C) He budgets his money on unnecessary items.
D) We budget to the store yesterday.
What is the purpose of a 'savings account'?
A) To spend money quickly
B) To save money for future use
C) To borrow money
D) To invest in stocks
Identify the correct use of 'interest' in a financial context:
A) She has a strong interest in art.
B) The bank charges interest on loans.
C) He lost interest in the project.
D) They have mutual interests.
Which of the following is a benefit of creating a personal budget?
A) Increased impulsive spending
B) Better financial control
C) Higher credit card debt
D) More financial stress
What does 'net income' refer to?
A) Total earnings before deductions
B) Earnings after taxes and deductions
C) Gross income
D) Total expenses
Which sentence correctly uses the word 'economize'?
A) She decided to economize by cooking at home.
B) He economizes his time by watching TV.
C) They economize their money on luxury items.
D) We economize to the store every week.
