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Chapter 1 Test-Dave Ramsey Questions and Answers Making the right choices with your money—managing your money—involves knowing how . . . - Answer️️ -Earning, budgeting, saving, spending and giving your money Banks got into the credit business before 1920 because charging exceptionally high interest rates was legal. - Answer️️ -False You should always make sure you have a... - Answer️️ -Budget To gain an understanding of your personal finances, you should know . . . - Answe...

Dave Ramsey: CH 1 Exam Questions and Answers 100% Pass Making the right choices with your money-managing your money-involves knowing how... - Answer️️ -Earning, budgeting, saving, spending, and giving affect your money Banks got into the credit business before 1920 because charging exceptionally high interest rates was legal - Answer️️ -True You should always make sure you have a... - Answer️️ -Budget To gain an understanding of your personal finances, you should know... - Ans...

Dave Ramsey Finance Chapter 12 Test 100% Correct Usually, the more liquid an asset is (like cash in the bank), the less return you can expect. true false - Answer️️ -True Be aware of any ____ you might receive, but don't bank on it as a key part of your retirement plan. A. Tax refunds B. Inheritance C. Bonus checks D. Additional work - Answer️️ -B The three components of compound growth are money, time and ____. A. A large paycheck B. Investments C. Retirement D. Rate of ...

Dave Ramsey Personal Finance Exam Questions and Answers consumer - Answer️️ -a person or organization that uses a product or service credit - Answer️️ -the granting of a loan and the creation of debt; any form of deferred payment debt - Answer️️ -an obligation of repayment owed by one party to a second party; in most cases this includes repayment of the original loan amount plus interest economy - Answer️️ -a system by which goods and services are produced and distributed...

Dave Ramsey Chapter 3 review () Questions and Answers 47% of Americans have less than $1,000 saved for a(n)____ - Answer️️ -emergency fund An investment's _________is its percentage gain or loss over time. - Answer️️ -rate of return ________________-is the average rate of growth for an investment over a period of time. - Answer️️ -compound growth The price of goods and services increases over time due to________ - Answer️️ - inflation The initial amount of money you de...

ALL OF DAVE RAMSEY EXAM QUESTIONS AND ANSWERS 100% CORRECT | VERIFIED AND UPDATED consumer - Answer️️ -a person or organization that uses a product or service credit - Answer️️ -the granting of a loan and the creation of debt; any form of deferred payment debt - Answer️️ -an obligation of repayment owed by one party (debtor/borrower) to a second party (creditor/lender); in most cases this includes repayment of the original loan amount plus interest economy - Answer️️ -a s...

Ramsey Classroom Ch. 3 Post Test 100% Correct In order to outpace inflation when investing, your investments need to have a lower rate of return than the rate of inflation. - Answer️️ -False _______ is a millionaire's best friend. - Answer️️ -Compound growth The only place you should keep your emergency fund money is... - Answer️️ -A savings account or money market account Compound interest is earned at a fixed rate, while ________ is an average based on an investment's pas...

Dave Ramsey Introduction to Personal Finance Questions and Answers Pre-Test and Post-Test Answers - Answer️️ -Question 1 through 35 1. Having debt keeps you from building wealth. - Answer️️ -True 2. An obligation of repayment owed by one party to a second party. - Answer️️ -Debt 3. A debt evidenced by a ʺnote,ʺ which specifies the principal amount, interest rate, and date of repayment.. - Answer️️ -Loan 4. The widespread financial insecurity of Americans is primarily bec...

Dave Ramsey Test: Chapters 1 & 2 Questions and Answers refers to all the finanical decisions an individual or family must make in order to earn, budget, save and spend money over time - Answer️️ -personal finance assess your __________ situation (your income, assets, and liabilities - Answer️️ - financial set money ________! Make sure you have a mix of both short-term and long-term ________. - Answer️️ -goals you must write out a detailed ______ for accomplishing your goals; ...