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Week 9 Flashcards | StudBud
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Week 9
Week 9
8 terms
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StudBud Administration
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Flashcards
8 cards
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Practice quiz
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Questions
8
Answers
1
I have worked on the QCOSS report!
False
True
2
According to OECD (2014), which of the following not a dimension of financial literacy?
Skill
Talent
Awareness
Behaviour
3
Emotional biases are easiest to deal with
False
True
4
According to the CFPB (2015), what is financial wellbeing?
Having security over your financial future
Both Red and Yellow
Controlling current and ongoing financial obligations
Dealing with your own biases
5
One in how many Australians find dealing with money stressful and overwhelming?
2
4
5
3
6
Having enough resources to meet your financial commitments is key to financial well being
True
False
7
According to Maslow's hierarchy of needs, what is the most basic needs for individuals?
Physiological
Safety
Belonging
Self-esteem
8
What are the two kinds of behavioural biases?
Cognitive error & Emotional biases
Resilience & comfort
Financial literacy & Budgeting
Intellectual power & financial education