ALL OF DAVE RAMSEY 2024/2025 Exam
Questions and Answers | 100% Solved
consumer - 🧠ANSWER ✔✔a person or organization that uses a product or
service
credit - 🧠ANSWER ✔✔the granting of a loan and the creation of debt; any
form of deferred payment
debt - 🧠ANSWER ✔✔an obligation of repayment owed by one party
(debtor/borrower) to a second party (creditor/lender); in most cases this
includes repayment of the original loan amount plus interest
economy - 🧠ANSWER ✔✔a system by which goods and services are
produced and distributed
financial literacy - 🧠ANSWER ✔✔the knowledge and skillset necessary to
be an informed consumer and manage finances effectively
interest - 🧠ANSWER ✔✔a fee paid by a borrower to the lender for the use
of borrowed money; typically interest is calculated as a percentage of the
principal (original loan amount)
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 1
STATEMENT. ALL RIGHTS RESERVED
,loan - 🧠ANSWER ✔✔a debt evidenced by a "note," which specifies the
principal amount, interest rate and date of repayment
personal finance - 🧠ANSWER ✔✔all of the decisions and activities of an
individual or family regarding their money, including spending, saving,
budgeting, etc.
*financial* - 🧠ANSWER ✔✔Assess your __________ situation (your
income, assets and liabilities).
*goals* - 🧠ANSWER ✔✔Set money __________! Make sure you have a
mix of both short-term and long-term goals.
*plan* - 🧠ANSWER ✔✔You must write out a detailed __________ for
accomplishing your goals. This begins with your budget.
*execute* - 🧠ANSWER ✔✔__________ your plan! This involves discipline
and perseverance.
*personality* - 🧠ANSWER ✔✔Know your money __________. Once you
know your money __________, you develop a financial plan that works for
you.
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 2
STATEMENT. ALL RIGHTS RESERVED
,monitor - 🧠ANSWER ✔✔Regularly __________ and reassess your
financial plan.
*myths* - 🧠ANSWER ✔✔Replace money __________ with money truths.
*money* - 🧠ANSWER ✔✔You don't have to spend more __________ than
you make just to look good in front of your friends. You can learn basic
money principles and put them into practice.
*satisfaction* - 🧠ANSWER ✔✔When you manage money well, you'll
experience deeper __________.
*behavior* - 🧠ANSWER ✔✔Personal finance is 80% __________ and 20%
head knowledge.
*math* - 🧠ANSWER ✔✔Money __________ is easy - it's controlling your
behavior that's the real challenge.
*normal* - 🧠ANSWER ✔✔As you think about the "__________" American
family, remember that normal is broke. You don't have to be normal!
*normal* - 🧠ANSWER ✔✔We are told that debt is __________. It has
become acceptable in our culture to use credit to buy things.
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 3
STATEMENT. ALL RIGHTS RESERVED
, *buy happiness* - 🧠ANSWER ✔✔We are taught that we can _____
__________. This is simply not true!
*wealth* - 🧠ANSWER ✔✔Our debt system keeps us from building
_________ because we are constantly giving our money away to pay for
things we bought years ago.
*language* - 🧠ANSWER ✔✔Knowing the __________ of money allows
you to ell your money what to do.
*tool* - 🧠ANSWER ✔✔Money is a __________. It's up to you to manage it.
you - 🧠ANSWER ✔✔The best way to manage money is to learn how to
manage __________.
*instincts* - 🧠ANSWER ✔✔You need to know your natural __________
when it comes to money. For instance, are you more likely to spend or
save?
*opportunity* - 🧠ANSWER ✔✔It's in recognizing who you really are that
allows you the __________ to grow and learn.
To Become Money Smart you must: - 🧠ANSWER ✔✔-Be comfortable with
basic math
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 4
STATEMENT. ALL RIGHTS RESERVED
Questions and Answers | 100% Solved
consumer - 🧠ANSWER ✔✔a person or organization that uses a product or
service
credit - 🧠ANSWER ✔✔the granting of a loan and the creation of debt; any
form of deferred payment
debt - 🧠ANSWER ✔✔an obligation of repayment owed by one party
(debtor/borrower) to a second party (creditor/lender); in most cases this
includes repayment of the original loan amount plus interest
economy - 🧠ANSWER ✔✔a system by which goods and services are
produced and distributed
financial literacy - 🧠ANSWER ✔✔the knowledge and skillset necessary to
be an informed consumer and manage finances effectively
interest - 🧠ANSWER ✔✔a fee paid by a borrower to the lender for the use
of borrowed money; typically interest is calculated as a percentage of the
principal (original loan amount)
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 1
STATEMENT. ALL RIGHTS RESERVED
,loan - 🧠ANSWER ✔✔a debt evidenced by a "note," which specifies the
principal amount, interest rate and date of repayment
personal finance - 🧠ANSWER ✔✔all of the decisions and activities of an
individual or family regarding their money, including spending, saving,
budgeting, etc.
*financial* - 🧠ANSWER ✔✔Assess your __________ situation (your
income, assets and liabilities).
*goals* - 🧠ANSWER ✔✔Set money __________! Make sure you have a
mix of both short-term and long-term goals.
*plan* - 🧠ANSWER ✔✔You must write out a detailed __________ for
accomplishing your goals. This begins with your budget.
*execute* - 🧠ANSWER ✔✔__________ your plan! This involves discipline
and perseverance.
*personality* - 🧠ANSWER ✔✔Know your money __________. Once you
know your money __________, you develop a financial plan that works for
you.
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 2
STATEMENT. ALL RIGHTS RESERVED
,monitor - 🧠ANSWER ✔✔Regularly __________ and reassess your
financial plan.
*myths* - 🧠ANSWER ✔✔Replace money __________ with money truths.
*money* - 🧠ANSWER ✔✔You don't have to spend more __________ than
you make just to look good in front of your friends. You can learn basic
money principles and put them into practice.
*satisfaction* - 🧠ANSWER ✔✔When you manage money well, you'll
experience deeper __________.
*behavior* - 🧠ANSWER ✔✔Personal finance is 80% __________ and 20%
head knowledge.
*math* - 🧠ANSWER ✔✔Money __________ is easy - it's controlling your
behavior that's the real challenge.
*normal* - 🧠ANSWER ✔✔As you think about the "__________" American
family, remember that normal is broke. You don't have to be normal!
*normal* - 🧠ANSWER ✔✔We are told that debt is __________. It has
become acceptable in our culture to use credit to buy things.
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 3
STATEMENT. ALL RIGHTS RESERVED
, *buy happiness* - 🧠ANSWER ✔✔We are taught that we can _____
__________. This is simply not true!
*wealth* - 🧠ANSWER ✔✔Our debt system keeps us from building
_________ because we are constantly giving our money away to pay for
things we bought years ago.
*language* - 🧠ANSWER ✔✔Knowing the __________ of money allows
you to ell your money what to do.
*tool* - 🧠ANSWER ✔✔Money is a __________. It's up to you to manage it.
you - 🧠ANSWER ✔✔The best way to manage money is to learn how to
manage __________.
*instincts* - 🧠ANSWER ✔✔You need to know your natural __________
when it comes to money. For instance, are you more likely to spend or
save?
*opportunity* - 🧠ANSWER ✔✔It's in recognizing who you really are that
allows you the __________ to grow and learn.
To Become Money Smart you must: - 🧠ANSWER ✔✔-Be comfortable with
basic math
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 4
STATEMENT. ALL RIGHTS RESERVED
