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Debt Awareness: True or False

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Debt Awareness: True or False

Yes or No

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About this activity

Quick true/false about debt and budgeting.

Created by

Dina Konisbai
Dina Konisbai
Kazakhstan

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Debt Awareness: True or False
 

Debt Awareness: True or FalseOnline version

Quick true/false about debt and budgeting.

by Dina Konisbai
1

A budget helps you track how much money you spend.

2

Education debt guarantees a high-income job after graduation.

3

A budget is only for tracking income, not expenses.

4

Debt can be a problem when you owe money you can’t pay back.

5

Borrowing money to further your education can be good debt if you finish and your future income is high enough to pay back.

6

Borrowing money to get a reliable car can be good debt if the loan terms fit your budget.

7

You should borrow money to buy unnecessary items because repayment doesn’t matter.

8

A budget can help you make sure you can repay debt.

9

You should borrow as much as possible to maximize opportunities.

10

If you borrow money, you will always be trusted by future lenders.

 
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