PRINCIPLE OF SAVING AND INVESTMENT QUIZ

Froggy Jumps

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Essentials of saving and investing.

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SULLA, Jocelyn T.

Philippines

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Froggy Jumps PRINCIPLE OF SAVING AND INVESTMENT QUIZOnline version Essentials of saving and investing. by SULLA, Jocelyn T. 1 According to Fitzsimmons, saving is the process of what? a What you earn from a windfall b Borrowing to spend now c Keeping some income for future needs 2 How is saving defined in simple terms? a Investing money for profits b Buying assets to beat inflation c Refraining from spending for consumption needs 3 Which is an objective of saving? a High-risk speculation b Provide security during emergencies c Immediate large gains 4 How is investing defined in the material? a Committing money to assets with risks and rewards b Saving money under a mattress c Gifting money to others 5 Which is a key difference of saving vs investing? a Saving is low risk and short-term b Investing is risk-free c Saving yields high returns 6 Which principle is about setting financial targets? a Set financial goals b Spend without planning c Ignore budgeting 7 Which principle emphasizes budgeting as a habit? a Invest overnight b Spend wisely (budgeting) c Avoid any planning 8 What principle promotes regular contributions? a Trade daily b Save consistently c Wait for big windfalls 9 Which principle focuses on growing money through assets? a Invest for growth b Only spend on needs c Keep all money in cash 10 A balanced approach suggests what? a Only save or only invest b Avoid planning and goal setting c Balance saving and investing

Froggy Jumps

PRINCIPLE OF SAVING AND INVESTMENT QUIZOnline version

Essentials of saving and investing.

by SULLA, Jocelyn T.

According to Fitzsimmons, saving is the process of what?

What you earn from a windfall

Borrowing to spend now

Keeping some income for future needs

How is saving defined in simple terms?

Investing money for profits

Buying assets to beat inflation

Refraining from spending for consumption needs

Which is an objective of saving?

High-risk speculation

Provide security during emergencies

Immediate large gains

How is investing defined in the material?

Committing money to assets with risks and rewards

Saving money under a mattress

Gifting money to others

Which is a key difference of saving vs investing?

Saving is low risk and short-term

Investing is risk-free

Saving yields high returns

Which principle is about setting financial targets?

Set financial goals

Spend without planning

Ignore budgeting

Which principle emphasizes budgeting as a habit?

Invest overnight

Spend wisely (budgeting)

Avoid any planning

What principle promotes regular contributions?

Trade daily

Save consistently

Wait for big windfalls

Which principle focuses on growing money through assets?

Invest for growth

Only spend on needs

Keep all money in cash

A balanced approach suggests what?

Only save or only invest

Avoid planning and goal setting

Balance saving and investing

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PRINCIPLE OF SAVING AND INVESTMENT QUIZ

Froggy Jumps

About this activity

Created by

Download the paper version to play

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PRINCIPLE OF SAVING AND INVESTMENT QUIZOnline version

by SULLA, Jocelyn T.

According to Fitzsimmons, saving is the process of what?

How is saving defined in simple terms?

Which is an objective of saving?

How is investing defined in the material?

Which is a key difference of saving vs investing?

Which principle is about setting financial targets?

Which principle emphasizes budgeting as a habit?

What principle promotes regular contributions?

Which principle focuses on growing money through assets?

A balanced approach suggests what?

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