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Spending - Heart Matters
Page 1 of 1
1. What need is being fulfilled by child care—so that your child is safe while you are at work?
Esteem and ego.
Safety.
Love and belongingness.
Self actualization.
2. True or False: Peer pressure doesn’t play any part in our spending decisions.
False
True
3. True or False: Today, the “peers” who influence our spending are only the people in our neighborhood.
True
False
4. True or False: If your family wants you to get a job, you shouldn’t even consider attending college.
False
True
5. True or False: Buying something on sale always means you’re “saving” money.
False
True
6. Recording every dollar you spend will help you:
All of the answers are correct.
Figure out where you can cut down on unnecessary expenses.
Make sure your budget is realistic.
Get a clear picture of how much you’re spending.
7. Writing down a goal will:
Make it more likely that you will achieve the goal.
Make the goal a better goal.
Make the goal a worse goal.
Make it less likely that you will achieve the goal.
8. If you need to cut back your expenses you should (choose two correct answers):
Review and try to cut back your day-to-day expenses.
Review and try to cut back your savings.
Stop paying your bills.
Review and try to cut back your monthly expenses.
9. The type of need you are fulfilling when you spend money depends most importantly on:
Why you are buying the specific item or service.
Which brand you choose.
How much you spend.
Who you are buying it from.
10. True or False: When you spend money you may be fulfilling more than one need at a time.
False
True
11. Fulfilling love and belongingness needs by spending money:
Is the best way to fulfill the need.
Is the only way to fulfill the need.
May not be the best way to fulfill the need.
12. True or False: Cost is an important consideration when choosing a college.
True
False
13. True or False: It’s a good idea to wait until after you receive your financial aid award notification to make a final decision about which college you’ll attend.
False
True
14. Compulsive spending is:
An addiction to spending money.
When you enjoy shopping with your friends.
The best way to find a good deal.
15. Signs of compulsive spending are:
All of the answers are correct.
Relationships suffer because of covering up debt and isolating yourself.
Consistently creating financial strain as you spend above your means.
Hiding purchases as if hiding shame and even opening secret credit card accounts.
Calculating...
Welcome
My Profile
My Dashboard
Head
Heart
Introduction
Page 1
Evaluate a Purchase
Page 1
Page 2
Page 3
Page 4
Page 5
Means of Purchasing
Page 1
Page 2
Page 3
Page 4
Spending Plan
Page 1
Page 2
Page 3
Consumer Protection
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Opportunity Cost
Page 1
Page 2
Summary
Page 1
Introduction
Page 1
Recap Head Matters
Page 1
Purchasing Decisions
Page 1
Page 2
page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Goal-Oriented Spending
Page 1
Page 2
Taking Control
Page 1
Higher Education
Page 1
Compulsive Spending
Page 1
Summary
Page 1
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