FINANCE-QUIZ

A. The process of borrowing money for business

B. The ability to understand the impact of every financial decision on net worth

C. The act of saving money for emergencies only

D. Spending more to increase cash flow

A. The process of budgeting, saving, investing, and spending

B.  The act of earning passive income.

C. The ability to get rich quickly

D.The method of controlling others’ finances

A. One’s age and education level

B. One’s earnings, cost of living, and personal goals

C. The amount of loans one has

D. The country’s economic status

A. Spend more to earn more

B. Spend less than what you earn

C. Avoid using cash

D. Always use credit cards

A. Spend the remaining money

B. Borrow more for luxury items

C. Save what’s left of your income

D. Ignore your budget plan

A. Income from daily work

B. Earnings that require constant effort

C. Income earned without active work, such as rent or royalties

D. Allowance from parents or relatives

A. Because keeping money in the bank may lose value due to inflation

B. Because investing is always risk-free

C. To spend more on luxury items

D. To avoid budgeting

A. Borrowing money from friends

B. Finding rewards or discounts like loyalty points or cash discounts

C. Asking for donations

D. Ignoring expenses

A. Buying everything you want

B. Getting rid of unnecessary things and focusing on what matters

C. Spending on luxury brands

D. Avoiding saving for emergencies

A. A healthy person can work better and avoid costly medical expenses

B. Healthy people don’t need money

C. Being sick helps save money

D. Health has nothing to do with finances