1. What is considered a responsible use of money?
A. living within your means
B. buying a new car
C. signing a lease
D. getting a promotion
2. What is considered an irresponsible use of money?
A. buying a new washer/dryer
B. spending exceeds income, or living beyond one's means
C. paying for three streaming services
D. taking out student loans to pay for college
3. What is a passive form of income?
A. a wage
B. a salary
C. interest paid on savings or bond investments
D. A and B
4. What are tips most similar to?
A. hourly wages
B. piece work rates
C. commissions
D. salaries
5. What is considered a wage?
A. Any amount paid to someone for any reason.
B. An annual amount agreed upon in advance paid to a full-time employee to perform a role regardless of time spent.
C. A fixed amount paid per completion of a unit of a good.
D. A fixed amount paid per period of time spent working.