1. What is money?
A medium of exchangeA means that allows us to measure and store valueA means to preserve value over timeAll of the above
2. What does well-being mean?
Having plenty of money to pay for everything you need and want.Being able to save for unexpected emergenciesBeing healthy in the physical, emotional, mental, social and financial areaNever feeling stress or sadness
3. What is the relationship between financial health and financial well-being?
They are the sameFinancial health leads to financial well-beingFinancial well-being or financial health can only be achieved when you are olderFinancial health, which leads to financial well-being, can only be achieved if you have a lot of money
4. Which of the following are considered healthy money habits?
Tracking what you earn and spend, saving regularly and prioritising your needs over your wantsBorrowing money from friends to pay for what you need, without a clear plan to pay it back on timeSpending all of your money in what you wantSaving all of your money with the fear of losing and using it
5. If you have just started working, what is recommended to have better financial health?
Spend your money freely since you earned itGive it all to charity, without a clear personal plan and goalTrack your money, build healthy saving habits, and spend smartlyThe only thing you should do is budget
6. True happiness isn’t about how much you have, but how well you use what you have.
TrueFalse
7. How you spend, save, and think about money shapes how much joy you get from it.
8. Employees with high-paying jobs will always have high well-being.
9. If you are starting to build your career, you don't have to save.
10. Money has two main functions: to serve as a medium of exchange and a store of value.