Everfi End Tests Questions And Answers
8. the time you could have spent doing something else: you
received $50 as a birthday gift and chose to spend it on new
wallpaper. what is the opportunity cost: other items you could have
bought, the price, the time you could have spent doing something
else
9. once a budget is set it shouldn't be revisited: which of the
following is not true of a budget: budgets include both income and
expenses, once a budget is set it shouldn't be revisited, a budget
can include charitable giving, budgets help you plan how to spend
money you earn or receive
10. pay with a credit card if you have a hard time sticking to a
budget: what
is not a successful budgeting strategy: buy your needs first, pay
with a credit card if you have a hard time sticking to a budget,
keep some extra money, revisit your budget regularly
11. salary: what is usually paid on a biweekly or monthly basis for
professional employment
12. keeping track of how much you have spent is simple: why
is paying with cash a good option
13. your history of making payments on time: what is the
biggest factor on a credit score
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