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Financial Literacy - Module 4 Pre Test And Answers.

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Parents who want to assist in the financial matters of their adult children should always __________. - Answers-seek permission of their children If someone you care about is struggling financially, it is important for you to __________. - Answers-get him or her to ask for help When helping friends with financial matters, it is best to __________. Choose all that apply. - Answers-start with a conversation and setup boundaries Without getting permission to help or be helped, one should __________. - Answers-stay out of the situation Adult children who interfere in the financial matters of their parents are __________. Choose all that apply. - Answers-being inappropriate To be considered a responsible adult, you must __________. Choose all that apply. - Answers-pay for your own failures

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FINANCIAL LITERACY - MODULE 4 PRE
TEST AND ANSWERS.
Which of the following are suggested methods to obtain a friend or family member's
permission for you to help in a financial matter. Choose all that apply. - Answers-Relate
to them your successes and failures. Then explain the life lessons you have learned
them
Discuss a book or article that you read in which you obtained a clearer perspective on
an issue that you have struggled with.

When giving or getting financial assistance it is important to: - Answers-receive and give
help only as long as necessary

When receiving financial assistance, it is very important that you __________. Choose
all that apply - Answers-do not take advantage of the person(s) helping you
only accept help as long as necessary to get out of the crisis

When a person is codependent, he or she __________. - Answers-reinforces
irresponsible behavior

Parents who want to assist in the financial matters of their adult children should always
__________. - Answers-seek permission of their children

If someone you care about is struggling financially, it is important for you to
__________. - Answers-get him or her to ask for help

When helping friends with financial matters, it is best to __________. Choose all that
apply. - Answers-start with a conversation and setup boundaries

Without getting permission to help or be helped, one should __________. - Answers-
stay out of the situation

Adult children who interfere in the financial matters of their parents are __________.
Choose all that apply. - Answers-being inappropriate

To be considered a responsible adult, you must __________. Choose all that apply. -
Answers-pay for your own failures

The biggest difficulty the young, single, never-married person has is __________. -
Answers-developing a plan for money

An indication of one's lifestyle is __________. Choose all that apply. - Answers-the kind
of clothes you wear
the kind of house you live in

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