{"type":"multi-choice","id":"82078","dataJson":{"key":"q_1751087201531_q2fupsk1","prompt":"Which of these is an example of ‘bad debt’?","options":[{"key":"o_1751087027215_2cat72f5","label":"A) A student loan with low interest","value":"o_1751087027215_2cat72f5","correct":false},{"key":"o_1751087027215_mv5kgaj8","label":"B) A credit card with 35% interest and no plan to repay","value":"o_1751087027215_mv5kgaj8","correct":true},{"key":"o_1751087027215_9hrv63x7","label":"C) A small loan paid off over 6 months","value":"o_1751087027215_9hrv63x7","correct":false},{"key":"o_1751087027215_eg35xlgl","label":"D) Borrowing from family interest-free","value":"o_1751087027215_eg35xlgl","correct":false}],"feedback":"","limitChoices":{"max":null,"min":null,"sameNumberAsCorrectAnswers":true},"validResponse":["o_1751087027215_mv5kgaj8"],"fileboyImageId":""}}

{"type":"multi-choice","id":"82079","dataJson":{"key":"q_1751087201531_3h7h7mt1","prompt":"Why is saving useful?","options":[{"key":"o_1751087090245_57g2xvl1","label":"A) It helps you avoid spending forever","value":"o_1751087090245_57g2xvl1","correct":false},{"key":"o_1751087090245_3vvrdi0g","label":"B) It reduces stress and prepares you for the unexpected","value":"o_1751087090245_3vvrdi0g","correct":true},{"key":"o_1751087090245_hsv7tnpr","label":"C) It’s only for wealthy people","value":"o_1751087090245_hsv7tnpr","correct":false},{"key":"o_1751087090245_vhk1wcfe","label":"D) It’s a legal requirement","value":"o_1751087090245_vhk1wcfe","correct":false}],"feedback":"","limitChoices":{"max":null,"min":null,"sameNumberAsCorrectAnswers":true},"validResponse":["o_1751087090245_3vvrdi0g"],"fileboyImageId":""}}

{"type":"multi-choice","id":"82080","dataJson":{"key":"q_1751087201531_ymao7rb5","prompt":"Which of these helps avoid borrowing problems?","options":[{"key":"o_1751087129102_nbn7s91y","label":"A) Ignoring your bank statements","value":"o_1751087129102_nbn7s91y","correct":false},{"key":"o_1751087129102_b7qhusgu","label":"B) Borrowing more to cover debt","value":"o_1751087129102_b7qhusgu","correct":false},{"key":"o_1751087129102_gacl7ckh","label":"C) Making a budget and sticking to it","value":"o_1751087129102_gacl7ckh","correct":true},{"key":"o_1751087129102_irzu9lxa","label":"D) Taking payday loans often","value":"o_1751087129102_irzu9lxa","correct":false}],"feedback":"","limitChoices":{"max":null,"min":null,"sameNumberAsCorrectAnswers":true},"validResponse":["o_1751087129102_gacl7ckh"],"fileboyImageId":""}}

{"type":"multi-choice","id":"82081","dataJson":{"key":"q_1751087201531_g6p42h0q","prompt":"What should you do if you can’t pay a bill on time?\nA) Ignore it and hope it goes away\nB) Contact the company to explain and ask for a payment plan ✅\nC) Borrow more money without telling anyone\nD) Cancel all your accounts immediately","options":[{"key":"o_1751087170252_42m23n73","label":"A) Ignore it and hope it goes away","value":"o_1751087170252_42m23n73","correct":false},{"key":"o_1751087170252_poohnf8l","label":"B) Contact the company to explain and ask for a payment plan","value":"o_1751087170252_poohnf8l","correct":true},{"key":"o_1751087170252_5cju60fb","label":"C) Borrow more money without telling anyone","value":"o_1751087170252_5cju60fb","correct":false},{"key":"o_1751087170252_epd36gvx","label":"D) Cancel all your accounts immediately","value":"o_1751087170252_epd36gvx","correct":false}],"feedback":"","limitChoices":{"max":null,"min":null,"sameNumberAsCorrectAnswers":true},"validResponse":["o_1751087170252_poohnf8l"],"fileboyImageId":""}}

{"type":"multi-choice","id":"82082","dataJson":{"key":"q_1751087204700_93bklxsz","prompt":"Why is it important to understand interest rates?","options":[{"key":"o_1751087204700_zweybj71","label":"A) So you know how much extra you’ll pay when borrowing money","value":"o_1751087204700_zweybj71","correct":true},{"key":"o_1751087204700_ngzecsw2","label":"B) To choose the most expensive loan","value":"o_1751087204700_ngzecsw2","correct":false},{"key":"o_1751087204700_iwj8bx06","label":"C) Because interest rates never change","value":"o_1751087204700_iwj8bx06","correct":false},{"key":"o_1751087204700_f6tbcqiy","label":"D) It only matters for credit cards, not loans","value":"o_1751087204700_f6tbcqiy","correct":false}],"feedback":"","limitChoices":{"max":null,"min":null,"sameNumberAsCorrectAnswers":true},"validResponse":["o_1751087204700_zweybj71"],"fileboyImageId":""}}

Answer incorrect

Look at the slide below to work out the answer.