Edit Game
3.2 Challenges to Saving
 Delete

Use commas to add multiple tags

 Private  Unlisted  Public




Delimiter between question and answer:

Tips:

  • No column headers.
  • Each line maps to a question.
  • If the delimiter is used in a question, the question should be surrounded by double quotes: "My, question","My, answer"
  • The first answer in the multiple choice question must be the correct answer.






 Save   10  Close
What is a good approximate amount to have in your emergency fund?
 
3-6 months of savings
 
3-6 days of savings
 
3-6 weeks of savings
 
3-6 years of savings
In order to not lose purchasing power over time, the rate of return for saving should be at least as high as the rate of inflation.
 
TRUE
 
FALSE
the human behavior of wanting to spend more because we see others around us spending more and enjoying goods and services that we think we would enjoy as well.
 
FOMO
 
Cashless Bias
 
Inflation
Which saving strategy did most people say was most effective?
 
Saving $5 per day
 
Saving $35 per week
 
Saving $150 per month
What is our coping skills of the day?
common term for those who don't have enough money to pay for future expenses until their next paycheck arrives
 
Living Paycheck to Paycheck
 
FOMO
 
Cashless Bias
the rate of increase in prices over a given period of time.
 
inflation
 
FOMO
 
Living Paycheck to Paycheck
All of the following are challenges to saving EXCEPT
 
Paying Yourself First
 
Social Media
 
Credit Cards
 
Impulse Buying
You should keep your emergency fund in your checking account
 
FALSE
 
TRUE
Which of these is a good reason to tap into your emergency fund?
 
$500 deductible after a car accident
 
paying your cell phone bill
 
buying books for college