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Module 1 - Money Mindsets - Chapter 1 Quiz

Total questions: 4

Worksheet time: 2mins

Name
Class
Date
1.

Why is it important to set financial goals?

a)

To make your dreams harder to reach

b)

To impress other people

c)

To give direction, motivation, and help you stay focused

d)

To earn more money immediately

2.

Which of the following is a short-term financial goal?

a)

Saving for retirement at age 40

b)

Buying a house

c)

Saving for a new pair of shoes

d)

Starting a business in five years

3.

What does the "T" in SMART goals stand for?

a)

Tangible

b)

Time-bound

c)

Tough

d)

Target

4.

What’s one reason it helps to balance short- and long-term goals?

a)

So you only focus on the future

b)

To know when to ignore spending

c)

To make smarter decisions about saving, spending, and investing

d)

So you don’t need to write your goals down