Dave Ramsey - Unit 2

Question 1

The flow of money in a family represents the _______ _______.

Answer 1

value system

Question 2

Men say it is not ___________ enough

Answer 2

sophisticated

Question 3

Women say it is the most ___________ key to our financial plan.

Answer 3

important

Question 4

Men get good deals by __________.

Answer 4

negotiating

Question 5

Ladies get good deals by ___________

Answer 5

hunting

Question 6

Men lose _____-__________ because money seems like a ___________.

Answer 6

self-esteem; scorecard

Question 7

Women face ______ and ______ because money represents _________.

Answer 7

fear; terror; security

Question 8

The number one cause of divorce in America is ________ ________.

Answer 8

money fights

Question 9

When you agree on your value system, you will reach a level of _______ in your marriage that you cant experience no other way.

Answer 9

unity

Question 10

Who Does the Financial Decision-Making? ______ of you!

Answer 10

Both

Question 11

The partner with the natural ______ can prepare the ______, but the decision-making should be done by ______ of you.

Answer 11

gift; budget; both

Question 12

The _____ likes doing the budget because it gives them control, and they feel like they are taking care of loved ones.

Answer 12

nerd

Question 13

The ______ _______ feels controlled, not cared for, and can appear irresponsible to the nerd.

Answer 13

Free Spirit

Question 14

______ _______ and fatigue can lead to poor money management

Answer 14

Time poverty

Question 15

Beware of ______ buying, which can be brought on by ______ or even by the “I owe it to ______” syndrome

Answer 15

impulse; stress; myself

Question 16

A written plan gives the single person ___________, _____-___________, and ______.

Answer 16

empowerment; self-accountability; control

Question 17

Develop an ___________ relationship.

* This is someone with whom to discuss major \_\_\_\_\_\_\_\_\_\_\_\_.
* This is someone with whom to discuss your \_\_\_\_\_\_\_.

Answer 17

accountability; purchases; budget

Question 18

Teaching your kids how to handle money is not the _________ responsibility. It is ______ responsibility.

Answer 18

school’s; your

Question 19

Pay ___________, not allowance; we have enough people in our society who expect to be made allowance for.

Answer 19

commissions

Question 20

Words are __________; be careful with the words you use around your kids.

Answer 20

powerful

Question 21

If you _______ you get paid, if you don’t _______, you don’t get paid

Answer 21

work

Question 22

Teach by ________. Your kids will do what you do.

Answer 22

example

Question 23

Show them how you live ______ free, how insurance works, how an IRA works, etc.

Answer 23

debt

Question 24

If your children are young, use a clear __________ to save. Visual reinforcement is powerful.

Answer 24

container

Question 25

Use three envelopes for ages 5-12: __________, _________, and __________.

Answer 25

giving; spending; saving

Question 26

Somewhere around 13-15 years old, open a __________ __________ for the child and teach him/her how to run it by monthly reviews.

Answer 26

checking account