An experiment to check your finance Understanding
I have got a couple of questions for you. If your answer is “YES” add 5 points, if “NO” deduct 5 points and add the total in the comment box.
1.Did you learn how to ride a bicycle before the age of 10?
2. Did you learn music in school?
3. Did you take any lessons in sports? And no, video games are not a sport, even if it has the word game in it
4. Did you learn how to iron your clothes while still in school?
5. If you can make tea or breakfast not just for yourself?
6. Do you generally make all your household payments by yourself?
7. Do you know the circle rate in your area?
8. Do you know the price of GOLD today?
9. Do you know the exact break up of your salary?
10. Do you know the details of the financial documents you are asked to sign?
11. Have you brought a vehicle in your own name without consulting anybody?
12. Have you brought an insurance policy unassisted?
13. Do you watch or follow the budget?
14. Do you manage your finance or earnings unassisted?
15. Do you know how to invest in mutual funds?
16. Do you know the difference between a mutual fund and an SIP?
17. Do you make an investment for your family member and spouse?
18. Do you file your own income tax returns?
Got questions from the #PaytmExperiment, I thought it will be good for my audience also. https://twitter.com/paytm/status/1368212250960404482
#financeUnderstanding