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Money Management Flashcards | StudBud
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Money Management
Money Management
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15 money management questions
Flashcards
15 cards
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Questions
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Answers
1
A system by which goods and services are produced and distributed.
Personal Finance
Debt
Economy
Credit
2
What percentage of parents think their child needs to learn about money and saving?
98%
46%
23%
81%
3
A person or organization that uses a service or product is...
Banker
Consumer
Producer
Seller
4
What's the only thing you should take out a loan for?
House
Food
Car
Everything you can
5
To solve the Great Depression policymakers came up with what idea to help families with money.
Mortgage
Rent
Banking
Jobs
6
Personal Finance is 80%___
Basic Math
Behavior
Controlling
Head Knowledge
7
True or False. 2/5th of parents give themselves a C,D,or F for knowing about personal finance.
False
True
8
How old is Dave Ramsey?
56
54
61
58
9
True or False. Most Americans don't take out loans or use credit cards
True
False
10
What percentage of highschoolers wanted to learn more about money management?
55%
40%
90%
79%
11
How should you pay for a car?
Credit Card
Cash
12
When should you use a credit card?
For food and clothing
Only in emergencies
Always
Never
13
True or False. Americans spend more money than they earn.
True
False
14
How old was Dave Ramsey when he had over 4 million dollars in real estate?
21
26
29
24
15
True or False. Learning how to manage your money in high school doesn't matter.
False
True
