Module 1 - Money Mindsets - Chapter 3 Quiz

Quiz
•
Financial Education
•
12th Grade
•
Hard
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
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