What is an example of net worth? a) Net worth is the value of your debts taken away from the value of things you own. b) How much a person owns (their assets) minus what they owe to others (liabilities) c) Mr A has a $2,000 in the bank, a $10,000 car but has a credit card debt of $850. d) All of the above 3.) Most encouraging finding from survey is the fact that most Canadians have some form of: a) Budget b) Care free attitude c) Paying off debts plan d) Negative perspective about finance Quiz 1 ) What is not a Financial Plan among the following? A comprehensive evaluation of an individual current pay and future financial situation It's a document containing a person's current money situation and long term monetary goals A document of basic necessities of life such as shelter, clothing etc A process which provides a framework for achieving life goals