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Chapter 1 - Dave Ramsey Flashcards | StudBud
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Chapter 1 - Dave Ramsey
Chapter 1 - Dave Ramsey
15 terms
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StudBud Administration
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111 plays
Money Management
Flashcards
15 cards
F
Practice quiz
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Host live
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Questions
15
Answers
1
Is Santa real?
I hope so.
No
Yes
Maybe
2
How long did debt cause Dave to lose everything?
Two and a half years
One and a half years
Two years
One year
3
You need to learn how to manage your ________ with money.
Spending
Behavior
Conduct
Collecting
4
True or False: Many Americans are buried in debt.
True
False
5
How old was Dave when he had an estate worth more than $4 million?
25 years old
26 years old
24 years old
23 years old
6
A system by which goods and services are produced and distributed.
Financial Literacy
Economy
Personal Finance
Credit
7
The granting of a loan and the creation of a debt; any form of deferred payment.
Financial Literacy
Interest
Consumer
Credit
8
Most Americans are very wealthy and will have financial security when they retire.
Agree
Disagree
9
Replace money _____ with money truths.
Truths
Spending
Lies
Myths
10
What are the three levels of financial well-being?
Secure, Survival, Kindness
Survival, Planning, Secure
Level 1, Level 2, Level 3
Survival, Comfort, Secure
11
A fee paid by a borrower to the lender for the use of borrowed money.
Debt
Loan
Credit
Economy
12
Money is a ______. It's up to you to manage it.
Drug
Honor
Tool
Piece of paper
13
You need to be comfortable with ________________.
Basic Math
Complicated Math
Complicated Science
Basic Science
14
How many years of experience does Dave have with counseling people with their money?
Over 15
Over 20
Over 30
Just 5
15
A person or organization that buys/uses goods or services.
Loan
Interest
Consumer
Debt
