Faith And Finances

079: Fun with Financial Literacy

Informações:

Sinopsis

Today we decided to provide a financial quiz. We'll ask the questions, give you some time to choose your answer, then we'll discuss what we believe the answers to be. Give yourself $5 for every question you answer correctly (Put it in savings—you'll be glad you did!)   In This Episode, We Look At: Your current income doubles by the year 2032 and the prices of goods and services doubles as well, how much will your 2032 income allow you to buy? A. Less than today B. Don’t know C. More than today D. The same amount as today   If you maintain a comfortable lifestyle with your current income today and do not receive any increase in earnings over the next ten years, you should be able to maintain the same lifestyle.  A. True  B. False   If your checking account has a balance of $300 and the bank posts a "Debit" of $50, will your balance change to: A. $350 B. No change C. $250   Your gross earnings for the current pay period are $2,100. Your paycheck (or direct deposit) was $1,612. How much were your earni