help with finacial literacy..........?

princess/auntie

New member
Why is it important to differentiate between your wants and needs before you spend money? .
A. Since you are working hard for your money, you want to focus on spending on your wants.
B. Spending on your wants allows you to display your financial success, whereas spending on your needs makes you appear unsuccessful.
C. You don’t have an unlimited amount of money, so you need to prioritize your spending.
D. You'll want to balance your spending, alternating between your needs and wants each month.


Which of the following lists of four concepts identify the money square?
A. Cash, checks, credit cards, debit card
B. Credit, financing, interest, saving
C. Needs, wants, goals, security
D. Spending, giving, saving, investing


Which of the following is a benefit of giving money to a charity?
A. 10% increase in your monthly income
B. Financial independence
C. Financial investment in a corporation
D. Tax break

Which of the following investments involves loaning money to the government or a corporation?
A. Bonds
B. Mutual funds
C. Savings
D. Stock

help me please:)
 
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