Chapter 1 Study Guide | Print out this page or write down questions below and fill them in as you read through Chapter 1
What is the Barter system? What main commodity replaced the Barter system? What were paper note currencies? Why did people switch to paper note currencies? What are the 4 most commonly traded currencies today? What are digital currencies? What are the 2 most common cryptocurrencies mentioned? Fill in the rest of the Sentence. Inflation signifies: What percentage is ordinary inflation rates: What percentages are considered hyperinflation rates: What are the 6 mentioned impact points of inflation on personal finances? What are the 5 living costs, mentioned, impacted by inflation? Governments primarily fight inflation through: The 7 main employed strategies to fight inflation are: What are the 5 points mentioned on why personal finance is important? List top 7 money managing tips: List the 12 practices that can make your goal of financial independence a lot easier:
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