Module 1 - Money Mindsets - Chapter 3 Quiz

Module 1 - Money Mindsets - Chapter 3 Quiz

12th Grade

5 Qs

quiz-placeholder

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Module 1 - Money Mindsets - Chapter 3 Quiz

Module 1 - Money Mindsets - Chapter 3 Quiz

Assessment

Quiz

Financial Education

12th Grade

Hard

Created by

EmpowerED Admin

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of an emotional trigger that might lead to overspending?

Seeing a “limited time” sale online

Wanting to look successful around friends

Feeling sad and shopping to feel better

Forgetting to set a savings goal

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can “one-click purchases” increase the chances of overspending?

They make shopping safer and more secure

They reduce the effort and thought needed before spending

They offer discounts only available through that option

They require you to stick to a pre-set budget

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which habit can help prevent overspending?

Buying something small every day

Ignoring your emotions when shopping

Following influencers for product ideas

Tracking your spending and setting a budget

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is setting a specific savings goal helpful?

It guarantees you’ll never overspend

It motivates you by giving your money a purpose

It keeps you from spending on anything fun

It helps you spend money faster

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the “pause before purchase” strategy?

To make shopping feel more exciting

To find better deals through price comparison

To give yourself time to decide if a purchase is truly necessary

To build credit through more frequent purchases