Dave Ramsey Finance Chapter 12 Test Questions and Answers Latest Version Graded A+

Dave Ramsey Finance Chapter 12 Test Questions and Answers Latest Version Graded A+ What is one of the core reasons Dave Ramsey emphasizes giving? A. To earn rewards B. To change your spirit and grow your character C. To increase your credit score D. To lower your expenses Which of the following is a long-term benefit of consistent giving? A. Decreased bank account B. Better credit offers C. Greater joy and purpose D. Lower tax penalties What does Ramsey say about giving when you’re on a tight budget? A. Start small and give consistently B. Avoid giving until you're debt-free 2 C. Only give to people you know D. Wait until retirement Which principle best reflects the spirit of giving? A. Giving only during the holidays B. Giving generously without expecting a return C. Giving to gain popularity D. Giving as a last financial priority Why does Ramsey recommend planning giving into your budget? A. It becomes intentional and consistent B. It limits your tax deductions C. It helps reduce emergency spending D. It’s required by law According to Ramsey, which of the following is the best way to give? A. Random donations without thought B. Strategic and cheerful giving 3 C. Giving only once a year D. Giving from borrowed money What does giving reveal about your values? A. That you’re wealthy B. That you don’t budget well C. That you prioritize others D. That you avoid saving How should giving relate to your financial goals? A. It should be eliminated until goals are met B. It should be part of your goals C. It should only be done if extra money is left D. It should replace investing What is one emotional benefit of giving? A. Anxiety B. Joy 4 C. Regret D. Indifference What does Ramsey say about giving and wealth? A. Only the rich should give B. Giving is a form of investment C. Giving isn’t about wealth, it’s about the heart D. Giving decreases wealth permanently How can giving be contagious? A. People copy others to look better B. It creates peer pressure C. It inspires others to give generously