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Test (Ms. Holt) Flashcards | StudBud
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Test (Ms. Holt)
Test (Ms. Holt)
20 terms
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StudBud Administration
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6 plays
By Brianna Riley
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
Why is Health/life insurance illegal not to have
So that you can give the insurance company more money
In case you are injured, it can save your life and your bank
it isn't illegal not to have life insurance
2
What is a one way to improve your study skills?
Ask you teacher to tutor you once a week
Read more
Look up test taking strategies
3
True or False: Health/life insurance is not required for any person/citizen.
False
True
4
True or False: Time management the ability to use one's time effectively?
True
False
5
True or False : Fixed Expenses are-An expense that varies in amount, and doesn't occur often?
True
False
6
Why are time and energy the most valuable resources?
Because they are limited, and can be used up quickly.
They aren't, money and credit are.
Because they are endless, but very precious.
Because You may never get them back, EVER.
7
True or False:You should be careful with the credit cards you buy,it might cause problems later
False
True
8
True or False: Credit is a loan that a person can use to pay for stuff, it is to be paid back?
False
True
9
Why is credit important?
So that banks can give free money
A loan that is expected to pay back over a period of time
It isn't important at all, their is no purpose in credit
So that banks can steal free money from you
10
True or False:Money management is a budget (to use money wisely & see how much money you spent)
False
True
11
What is a Budget?
Keeping track of money
A written plan to help you save and spend money wisely.
To help spend all of your money on wants and not needs
Their is no real definition for a budget
12
What is one of the reasons that you need to improve your study habits?
Just for fun
To impress, and make your teachers like you more
So that you will get better grades in school
You don't need to if you don't want too
13
What is one way to save energy?
Eating 1100 calories a day so that you can get skinnier
Eating 5700 calories a day to get bigger
Sleeping all day long
Eating and getting enough sleep
14
Why is money management so important?
No real reason, it just is
It can help you Spend and save money wisely.
It help's you spend all of your money on wants, and no need
It is not important, their is no real reason for it.
15
What is interest
An activity that might be dangerous
A protection plan on a person or something.
A loan that a person uses, but is expected to return.
The money a borrower pays to a person who lent you money.
16
True or False : You use resources to FULFILL needs but NOT wants.
True
False
17
True or false: Money management is the worst thing that you could do for your money
True
False
18
True or False: With a debit card you can buy now and pay later?
True
False
19
True or False: When using time management is it important not to a schedule?
True
False
20
What are the types of risks?
None, risks are risks
Prevention and management risks
Debit and Credit
Personal and household risks
