Having a(n) __________ means the amount of your liabilities is larger than the value of your assets.
Personal finance 1

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University
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Medium
Shie Espino
Used 12+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Personal Finance
Asset
Negative Net Worth
Interest
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
_________ means having the knowledge and skills to manage your personal finances.
Interest
Financial Literacy
Paycheck to Paycheck
Interest Rate
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
_________ relates to all of the different money decisions you make each day
Personal Finance
networth
Income
Liabilities
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Knowing your __________ is the starting point for a financial plan.
Financial plan
networth
income
liabilites
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Living on less than you make means not . .
Buying a car at 16 years old
Budgeting to eat out with friends
Going to college after high school
Spending all of your money
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Once you have established your financial plan, please write it down.
true
false
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Learning the language of money is not that important because you will be able to depend on financial planners to manage your money
True
False
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