Test your understanding of all the concepts covered in level 1 by completing the mastery quiz!
1
What is a fixed mindset?
2
What is a growth mindset?
3
What does a fixed mindset often lead to?
4
Why is mindset taught before money skills?
5
If you fail your first hard math test and believe you just aren't good, and never will be good at math, what type of mindset is this?
6
Jordan doesn't know much about financial education, so he decides to take this course to get better at it. What is this an example of?
7
What does SMART stand for in SMART goals?
8
Which goal is the most specific?
9
Why are measurable goals important?
10
What makes a goal achievable?
11
What is a SMART goal example?
12
What usually happens with vague goals?
13
"I will save money every month for the year to buy my first car." Which SMART goal component is this goal missing?
14
A habit is best described as:
15
Which behavior shows discipline?
16
What is the best way to break a bad habit?
17
"Every Friday, Marcus gets his allowance. As soon as the money hits his account, he transfers $5 into his savings account. He feels proud watching his savings grow. After a few months, he has enough to buy a new pair of headphones." Identify the cue in this habit loop.
18
"Every Friday, Marcus gets his allowance. As soon as the money hits his account, he transfers $5 into his savings account. He feels proud watching his savings grow. After a few months, he has enough to buy a new pair of headphones." Identify the reward in this habit loop.
19
"After losing a basketball game, Sarah feels angry and upset. She goes online and buys new clothes, and she instantly feels better." Identify the cue in the habit loop.
20
"After losing a basketball game, Sarah feels angry and upset. She goes online and buys new clothes, and she instantly feels better." Identify the reward in the habit loop.
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