Money management iq test
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Money Management IQ Test. Bessie B. Moore Center for Economic Education. 1. A family should set savings goals and determine how much to save each month to reach those goals. True. 2. You should use a credit card when you see something you WANT but can’t afford at the moment?. False.

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Money management iq test l.jpg

Money Management IQ Test

Bessie B. Moore Center

for Economic Education


1 a family should set savings goals and determine how much to save each month to reach those goals l.jpg
1. A family should set savings goals and determine how much to save each month to reach those goals.

  • True


2 you should use a credit card when you see something you want but can t afford at the moment l.jpg
2. You should use a credit card when you see something you WANT but can’t afford at the moment?

  • False


3 you should save money for emergencies rather than use a credit card l.jpg
3. You should save money for emergencies rather than use a credit card?

  • True


Slide5 l.jpg

4. You should buy something immediately when you find it as it may be gone later. Comparing prices or researching quality is a waste of time.

  • False


5 a deposit is when you take money out of an account l.jpg
5. A deposit is when you take money out of an account.

  • False


6 you should buy something that is on sale even if you don t need it because you save money l.jpg
6. You should buy something that is on sale even if you don’t need it because you SAVEmoney.

  • False


7 having a lot of money makes people happy l.jpg
7. Having a lot of money makes people happy!

  • False


Neale godfrey l.jpg
Neale Godfrey

  • Many thanks for all the wisdom you have imparted today!


Thank you for your participation l.jpg
Thank you for your participation!

Bessie B. Moore Center for

Economic Education

Sam M. Walton

College of Business

bmcee.uark.edu


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