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Personal Finance Planning: Taxes, Assets & Investing

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

How do you calculate net worth?

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1. What is net pay?

2. Jose is interested in investing in a security, and is focused on lowering the risk of his investment. Which of the following securities should he choose and why?

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About This Quiz & Worksheet

Discover what you know about personal finance planning with these study tools. Answer questions on topics like net worth and net pay.

Quiz & Worksheet Goals

Find out how well you know how to:

  • Determine a security in which to invest
  • Identify employer sponsored plans for retirement
  • Explain payroll taxes

Skills Practiced

Practice the following:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on personal finance planning
  • Interpreting information - verify that you can read information regarding payroll taxes and interpret it correctly
  • Distinguishing differences - compare and contrast topics from the lesson, such as net worth and net pay
  • Information recall - access the knowledge you've gained regarding retirement plans

Additional Learning

This lesson will help you to learn more about the subject. It's entitled Personal Finance Planning: Taxes, Assets & Investing, and it will adhere to the following goals:

  • Define budget
  • Assess the topics of income, expenses and discretionary income
  • Understand the concepts of retirement, saving and investing
  • Identify assets, liabilities and net worth
  • Recognize how to protect your assets
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