What is the primary reason for the financial struggles faced by many individuals as introduced in the video?

Financial Challenges and Solutions

Interactive Video
•
Business, Education, Life Skills
•
9th - 12th Grade
•
Easy

Jackson Turner
Used 3+ times
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Unemployment
Poor health
High monthly expenses and debt
Lack of education
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What significant life event did Justin experience that influenced his financial journey?
Inheriting a business
Winning a lottery
Receiving a scholarship
Growing up in poverty
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Alex and Melissa's financial situation change after their son's diagnosis?
They moved to a cheaper area
They received a promotion
They won a grant
They faced increased expenses
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main challenges faced by individuals who are unbanked?
Limited access to education
Higher costs for financial transactions
Lack of transportation
Inability to find employment
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main reason people turn to check cashers instead of banks?
They offer free services
They have more branches
They provide immediate access to cash
They offer higher interest rates
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the financial impact of being unbanked on individuals?
They save more money
They spend a higher percentage of their income on fees
They have better credit scores
They receive more government aid
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What impact do student loans have on Debbie's ability to grow her business?
They provide her with extra funds
They limit her access to credit
They have no impact
They improve her credit score
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