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Questions and Answers
Which of the following best describes personal finance?
Which of the following best describes personal finance?
- Earning money from a part-time job
- Spending money without a plan
- Managing your money and making the right choices (correct)
- Being financially literate
What can happen if you make the wrong money choices?
What can happen if you make the wrong money choices?
- You can earn money from a part-time job
- Your money problems can manage you (correct)
- You can save and spend your cash
- You can become financially literate
What does it mean to be financially literate?
What does it mean to be financially literate?
- Being a consumer
- Earning, budgeting, saving, spending, and giving
- Having an income from a part-time job
- Managing your money well (correct)
What is the importance of understanding how earning, budgeting, saving, spending, and giving affect your money?
What is the importance of understanding how earning, budgeting, saving, spending, and giving affect your money?
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What happens if you don't have a plan for your money?
What happens if you don't have a plan for your money?
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