Business and Personal Finance
Chapter 1 Exam Reported
Questions and Answers
What is self control? - Answer- emotional maturity
You can make the ______ you want to make in America today. - Answer- life
Take _____ off the table. - Answer- debt
Have a ____ account. - Answer- savings
Start _____ early - Answer- investing
always have a ______ - Answer- plan
live on _____ than you make - Answer- less
stay away from ______ - Answer- debt
what are two measures of wealth - Answer- income and net worth
Your net worth is what you _____ minus what you owe. - Answer- own
A negative net worth is when you _____ more than you own. - Answer- owe
You want a high income, but it is more ______ to have a high net worth. - Answer-
important
Generosity is not just about giving money, it's a ______ quality. - Answer- character
Being generous means you are ready to give ______ of something than is expected. -
Answer- more
We all have ______ personalities. - Answer- money
When it comes to money, you are either a ______ or a saver. - Answer- spender
Identify at least three reasons why knowing your money personality will benefit you -
Answer- 1) it will help you communicate well with people in your life to figure out how to
balance saving and spending money.
Chapter 1 Exam Reported
Questions and Answers
What is self control? - Answer- emotional maturity
You can make the ______ you want to make in America today. - Answer- life
Take _____ off the table. - Answer- debt
Have a ____ account. - Answer- savings
Start _____ early - Answer- investing
always have a ______ - Answer- plan
live on _____ than you make - Answer- less
stay away from ______ - Answer- debt
what are two measures of wealth - Answer- income and net worth
Your net worth is what you _____ minus what you owe. - Answer- own
A negative net worth is when you _____ more than you own. - Answer- owe
You want a high income, but it is more ______ to have a high net worth. - Answer-
important
Generosity is not just about giving money, it's a ______ quality. - Answer- character
Being generous means you are ready to give ______ of something than is expected. -
Answer- more
We all have ______ personalities. - Answer- money
When it comes to money, you are either a ______ or a saver. - Answer- spender
Identify at least three reasons why knowing your money personality will benefit you -
Answer- 1) it will help you communicate well with people in your life to figure out how to
balance saving and spending money.
