Kuzah Personal Finance

Which of the following security is NOT traded in the NSE?

• Stocks

• Bonds

• Derivatives

• Crypto

Assets minus liabilities equals?

• Earned income

• Net Worth

• Deferred income

• Cash flow

Compounding is the process of earning interest on

• Principal

• Original amount you deposited

• Principal and on previously earned interest

• Previously earned interest

What does “pay yourself first” mean?

• Saving before spending income on other items

• Paying your bills before loaning money to others

• Depositing paycheck on the first of every month

• Spending money for things you want before paying for monthly expenses

When you buy a ----------------- you are lending money to a corporation or government entity for a period of time?

• Common stock

• Preferred stock

• Stock Mutual Fund

• Bond

Which of the following is an example of personal income?

• Fuliza overdraft

• Loan from a bank

• Interest earned on investment or savings.

• Amount of money you can borrow on your credit card.

-------------------- helps define your financial goals and set appropriate strategies to reach them.

• Flexible-benefit plans

• Personal financial planning

• Taxation and regulation

• Standard of living

Total value of all items owned by an individual such as savings account, stocks, bonds, home, and automobile is known as

• Investments

• Trough

• Liabilities

• Assets

The following term refers to the amount of goods and services that each shilling buys at a given time

• Fiscal policy

• Economic cycles

• Purchasing power

• Tangible assets

Which of the following terms refers to “when real GDP increases until it peaks”?

• Utility

• Liability

• Investments

• Expansion