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Financial Independence 101 Final

Home Quiz Financial Independence 101 Final

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Question 1 of 12

1. Question

What is financial independence?

Spending money
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Having enough money to support yourself
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Borrowing money
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Owing money
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Question 2 of 12

2. Question

What helps you become financially independent?

Saving and planning
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Spending everything
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Ignoring money
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Borrowing often
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Question 3 of 12

3. Question

Why is talking about money important?

It causes problems
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It wastes time
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It helps people understand and plan
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It lowers money
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Question 4 of 12

4. Question

Who can you talk to about money?

No One
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Family, friends, or experts
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Only experts
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Only banks
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Question 5 of 12

5. Question

What does financial literacy support?

Debt
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Financial Independence
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Spending
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Borrowing
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Question 6 of 12

6. Question

What are the four parts of money management?

Buy, sell, trade, spend
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Work, shop, pay, leave
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Save, borrow, trade, spend
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Earn, save, spend, donate
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Question 7 of 12

7. Question

What is identity theft?

Losing money
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Someone using your personal information without permission
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Spending money
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Saving money
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Question 8 of 12

8. Question

How can you protect yourself?

Share info
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Keep information private
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Ignore accounts
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Use weak passwords
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Question 9 of 12

9. Question

What is a checking account used for?

Saving only
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Everyday spending
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Investing
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Borrowing
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Question 10 of 12

10. Question

What helps protect your money?

Strong passwords and monitoring accounts
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Sharing passwords
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Ignoring bills
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Spending more
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Question 11 of 12

11. Question

What should you do with money you earn?

Spend it all
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Save it all
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Save some
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Ignore it
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Question 12 of 12

12. Question

What can financial literacy help you avoid?

Saving
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Bad money decisions
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Planning
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Learning
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