Question

Post-Assessment
Question 1 of 5
What do people learn about finances from their parents, even if they don't have any formal instruction?
Creating and sticking to a budget
Plan for paying for college
Setting up a savings account
Behaviors and attitudes about money

Answer 1

People often learn about finances from their parents through their behaviors and attitudes about money. These lessons can include how to handle debt, the importance of saving, spending habits, and overall attitudes towards financial responsibility. Even in the absence of formal instruction, parental examples and conversations can significantly shape a child's understanding and approach to managing money.