Coffee Talk Quiz!
Coffee Talk Wealth Quiz
Test your knowledge on building wealth with our engaging Coffee Talk Quiz! Whether you're a budgeting beginner or a money management pro, this quiz will challenge your understanding of financial principles and strategies.
Topics covered include:
- Money Management Techniques
- Baking and Budgeting
- Wealth Building Essentials
- Personal Finance Variables
_____ is a measurement of the amount of money, expressed as a percentage ratio, that a person deducts from their personal income to set aside as savings or investment
Which are not the 5 variables discussed in today’s topic to achieved 1 Billion?
Income
Expenses
Inflation
Savings
How many Balanced Money Formula discussed today?
4
5
6
7
What is in the 80/20 budget concept?
Needs & Wants, Savings
Income, Savings, Giving
Want, Goals, Needs
Income & Savings
What is the first thing you should do in Zero Based Budgeting?
List your expenses
List your monthly income
Make a new budget
Track your expenses
Which is not a part of the 6 Jars Money Management System?
Education
Give
Necessities
Wants
Either you control money, or it will control you. To control, you must ______
Spend it
Control it
Manage it
Save it
What is the first thing you should do to start your budgeting plan?
Calculate your income
Choose the right method
Write down your goals
List all of your expenses
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