Money Management

Why should we be careful with pay-later, except?

• High late fee

• High interest

• Many other hidden fees

• So attractive

Which one is correct regarding the 50/30/20 Budget Rule?

• 50 needs - 30 savings - 20 wants

• 50 needs - 30 wants - 20 savings

• 50 wants - 30 needs - 20 savings

• 50 savings - 30 wants - 20 needs

Which is not included in good ways of managing money?

• Start investing early

• Start spending on luxurious items early

• Do it 1% better everyday

• 50 – 30 – 20 rules

Mr. & Mrs. Smith, a modern family with 2 kids, are planning a vacation to Japan during school holiday, before the youngest kid entering elementary school. Their total monthly family income is around IDR 35 million, and they have monthly house installments of around IDR 12 million. Should they "GO for Holiday" or "Bye-Bye Holiday"?

• GO for Holiday

• Bye-Bye Holiday

• No Idea

Which of the following is a benefit of having an emergency fund?

• It allows for impulsive spending

• It provides financial security during unexpected events

• It guarantees high returns on investments

• It eliminates the need for insurance

A single lady, with a monthly income of IDR 15 million, is considering to purchase a new laptop that cost IDR 12 million. She needs this laptop to support her daily work as a Graphic Designer. Although her current savings are only IDR 5 million, there will be a bill from a client that will be paid in 3 days worth IDR 10 million. What do you think she should do?

• BUY

• BYE

• No Idea

Anita, a K-POP die-hard fan, wants to watch her favorite idol, NCT, who will come to Indonesia in the next 2 months. The concert ticket price is IDR 5 million, but Anita is a college student who does not have a steady income yet. Lucky for her, her parents are rich and willing to buy her a ticket. While in the next 2 months she will face her final exam, should she still buy the ticket?

• BUY

• BYE

• No Idea