GLO Financial Literacy Quiz #2
Name
First Name
Last Name
Phone Number
-
Area Code
Phone Number
Email
example@example.com
Who referred you to GLO?
1. When creating a budget, what number do you begin with?
identify the amount of money you have coming in
subtract all deductions
none of the above
2. What do you need to consider while tracking your spending?
record daily expenses
record variable expenses
none of the above
3. Is it necessary to set short and long term financial goals?
yes
no
4. How likely would it be to adjust your current spending habits?
very likely
possibly
no likely at all
5. In an effort to make your money saving plan effective, which factors are most important?
record all spending
change current spending habits
cancel subscriptions that your currently do not use
all the above
6. In terms of Debt Stacking, which are the three most common debts?
credit card
car loan
mortgage
none of the above
7. Is it BEST to pay off bills by paying the minimum or maximum amount due?
Minimum
Maximum
8. In order to maintain your current lifestyle after retirement , which percentage of your annual income would you need to still have post retirement?
40%
80%
100%
9. Is it wise for you to rely ONLY on Social Security for your retirement?
YES
NO
10. Please describe what you have learned and/or found helpful during this experience with Financial Literacy 102?
Submit
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