Oinweb / fly-django

Financial Literacy for Youth App
https://www.flyapp.ca
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Saving & Budgeting II Quiz #134

Closed rodolfomartinez closed 7 years ago

rodolfomartinez commented 7 years ago

Summary: Here is the replacement text for the Saving & Budgeting II quiz. This quiz has right and wrong answers. Pass is anything over 50%, and a pass is needed to earn the Savings & Budgeting II badge.

Quiz:

  1. Megan really wants a new iPhone. What should she do? a. Save each month until she has enough b. Wait a few months without saving and see what happens c. Pay for it with a credit card and pay it off later

*correct answer a) An iPhone isn’t a huge purchase, so Megan should try and save up.

  1. John started a great new job a few months ago and wants to move out on his own. What should be do? a. Figure out what he can afford after figuring out his expenses b. Move out to the cheapest place he can find c. Stay at home so he can have more money to spend on stuff

*correct answer a) John should create a budget and then decide what his best option is after he knows how much he can afford.

  1. David really wants to start saving for a new car, but isn’t sure where to start. a. He can build saving for a car into his budget b. He can wait a few months and then think about it again c. David should give up on buying a new car

*correct answer a) This sounds like a big purchase, but with budgeting and saving, David should be able to get that new car.