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Labirinto
Malayà
Basic Financial Literacy
Ralyn Vinta
7
Idinagdag na problema (5/ 20)
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public na pagsusulit

# 1

pumili

Which of the following are good money management habits?

  • Spend within my means
  • Keep track of my spending
  • Set up automatic transfers to a separate savings account
  • All of the above

# 2

pumili

The Basic Financial Planning Guide recommends that __________ should be set aside as emergency funds (liquid savings for emergencies).

  • Less than 1 month of expenses
  • 1 to less than 3 months of expenses
  • 3 to 6 months of expenses
  • Not sure

# 3

pumili

Suppose you have $500, and the inflation rate is 4 percent. In 5 years, you will be able to buy:

  • Less than what you would be able to buy today with $500
  • More than what you would be able to buy today with $500
  • Same amount as what you would be able to buy today with $500

# 4

pumili

Suppose you have an investment of $100 that earns compound interest of 10% per annum. In 2 years, the total investment value will be:

  • $120
  • $121
  • $130

# 5

pumili

What should you consider when reviewing an investment portfolio?

  • Reflect on your current life stage and life events
  • Review your asset allocation and diversification
  • Consider current affairs and market trends that might affect your investments
  • All of the above
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