Unit 1 of Dave Ramsey 35Q

Winning at money is

#1 reason students drop out of college

The hardest part you need to learn is to how to manage your _____________with money

The #1 reason for divorce is

Money or the lack of money can affect the way we feel about

Dave Ramsey made his first fortune in

This is an obligation of repayment owned by one party to another

Today, Americans are charging more than a__________ dollars each year on their credit cards

One needs to be

Knowledge & skillset necessary to be informed consumers & manage finances effectively

Dave Ramsey has his own

A person who or organization that uses a product or a service.

The T in SMART goals stands for

The R in SMART goals stands for

You should decide where your money is going before you get your paycheck

A fee paid by a borrower to the lender for the use of borrowed $

At this level there is income & bills & you live paycheck to paycheck

At the level your finances works that your wealth generates income

A basic principle is you must start learning the language of

How much money a person has dictates his or her spending behavior

At this level you have income & can pay bills & pay yourself first

This is one of the most important classes you'll ever take

People who offer loans at extremely high interest rates are called

The S in SMART goals stands for

The M in SMART goals stands for

To do great on this test one should

A system by which goods and services are produced & distributed

The granting a loan & thereby creating debt as a deferred (pay later) payment

All the decisions & activities of an individual or family regarding their $

The best way to manage money is to learn to manage

For being money smart, One needs to be comfortable with

A consumer & a customer are one of the same

The A in SMART Goals stands for

____ out of 10 Americans live paycheck to paycheck

We are taught that debt is normal