WorksheetsMoney & Decision Making Review
Total questions: 10
Worksheet time: 30mins
Name
Class
Date
1.
Discuss what makes personal finance, 'personal'.
4 lines
2.
Explain what values are and how they impact financial decision making.
4 lines
3.
Identify key factors that influence financial values.
4 lines
4.
Explain how money personalities shape financial decisions.
4 lines
5.
Explore the five primary money personalities: Saver, Spender, Investor, Balancer, Avoider.
4 lines
6.
Identify your money personality.
4 lines
7.
Compare and contrast behavioral economics from classical economics.
4 lines
8.
Explain cognitive bias and how a bias is created.
4 lines
9.
Identify various cognitive biases, including: Endowment Effect, Loss Aversion, Sunk Cost Fallacy, Herd Mentality, Mental Accounting, and Anchoring Bias.
4 lines
10.
Identify strategies for mitigating biases.
4 lines
100 %
