Wise Financial Literacy Study Guide Questions And Correct Answers

In order to get spending under control, a person should first {Ans: create a budget of current income and expenses.}A person strongly feels that going into debt is wrong. This is an example of the influence of {Ans: values on decisions}Which of the following is the source of income for most people aged 20-35? {Ans: Wages/salary}When a person receives a book store gift card, she can use it to {Ans: buy a book from that store}A method of reducing investment risk is known as {Ans: diversification}When a person buys a company's bond, he {Ans: has lent money to the company}