Deck 3: Managing Time, Energy, and Money

Question 1

What will likely happen if you try to use your memory as your only planner?

A) You will concentrate primarily on your social activities.
B) You will concentrate primarily on your academic responsibilities.
C) You will become more focused and better organized.
D) You will probably forget important events and deadlines.

Answer 1

D

Question 2

When preparing your calendar, it is recommended that you

A) schedule equal allotments of time for all assignments.
B) plan out no more than one week at a time.
C) keep separate academic and social calendars.
D) use different colors for different categories.

Answer 2

D

Question 3

Most academic calendars include

A) due dates for research papers.
B) dates for specific class exams.
C) add-drop deadlines.
D) individual work schedules.

Answer 3

C

Question 4

Stephanie has a large, complex assignment for her biology class due in two weeks. She is not sure how best to tackle completing it on time. What should Stephanie do to make sure she finishes her project on time?

A) break up the assignment into smaller tasks
B) put off starting the assignment until next week
C) go to a concert with her friends over the weekend
D) work on the assignment as she watches television

Question 5

Which is an example of using time wisely?

A) reviewing notes while waiting for the bus
B) studying for several exams at once
C) scheduling tasks for every moment of the day
D) studying for one class during another

Question 6

How often should you check your calendar?

A) several times a day
B) every other day
C) at the beginning of the week
D) several times a week

Question 7

Putting your tasks, goals, and values in order of importance is known as

A) multitasking.
B) overextending.
C) prioritizing.
D) budgeting.

Question 8

Peter has a busy weekend coming up, and there are a lot of things he plans to do. As he prepares his schedule, which task should be Peter's most important priority?

A) studying for Tuesday's English midterm
B) attending his cousin's birthday party
C) completing the reading for Wednesday's biology class
D) attending a football game with his friends

Question 9

Which of these strategies can help you keep track of all the tasks you need to remember?

A) multitasking
B) creating a to-do list
C) getting to class on time
D) allowing time to adjust to college life

Question 10

The practice of being on time, which is expected in college, work, and society in general, is known as

A) punctuality.
B) animosity.
C) honesty.
D) procrastination.

Question 11

You can demonstrate respect for your instructor by

A) whispering when talking to another student during a lecture.
B) skipping appointments during office hours.
C) texting your friends during class to make extracurricular plans.
D) planning ahead for transportation so you get to class on time or early.

Question 12

An appropriate way to bolster your energy level during class is to

A) nap while the instructor delivers a lecture.
B) drink sugary sodas and juices.
C) eat candy and other sugar-laden snacks.
D) drink enough water.

Question 13

Having too much to do given your available resources is called

A) budgeting.
B) being overextended.
C) multitasking.
D) prioritizing.

Question 14

One benefit of creating and following a budget is that it allows you to

A) put money away for emergencies.
B) finish college with substantial debt.
C) put off paying your bills.
D) increase your monthly costs.

Question 15

Which is an example of an expense?

A) wages
B) books
C) money from parents
D) scholarship disbursement

Question 16

When creating a budget, you should

A) underestimate your expenses each month.
B) exclude costs of food and utilities from expenses.
C) feel free to deviate from the budget to shop.
D) track your spending and your income.

Question 17

Which is an example of a fixed expense?

A) rent
B) groceries
C) books
D) fuel

Question 18

Which type of expense might change every time you pay it?

A) fixed
B) variable
C) budget
D) work-study

Question 19

Shereen has accidentally overdrawn her checking account this month. Thankfully, she has a little money in savings and can cover costs for now, but she has to find a way to reduce her monthly spending. What should Shereen do to reduce her monthly expenses?

A) stop dining out at restaurants and going to the movies
B) invest in a new electric car to pay less on gas
C) put off paying her credit card bill until she can afford it
D) start shopping at higher-quality boutiques for clothes

Question 20

College can be expensive, and not everybody can afford it on their own. What is a common method of paying for college?

A) paying for everything with a credit card
B) panhandling on the weekends
C) applying for student loans
D) donating plasma on a weekly basis

Question 21

Felipe was excited to find out that he was accepted at the college of his choice, but knew that he would need financial aid to pay for it. Luckily, he was approved for a government grant. What does this mean for Felipe?

A) He must repay the grant after graduation, with interest.
B) He must repay the grant after graduation, without interest.
C) He must start making payments on the grant immediately.
D) He does not have to repay the grant at all.

Question 22

If you want to apply for federal aid, how often must you complete the Free Application for Federal Student Aid (FAFSA)?

A) every term
B) every year
C) only when you are also taking out a student loan
D) only the first time you apply for financial aid

Question 23

Your credit score can directly affect

A) whether you qualify for an academic scholarship.
B) your ability to vote in elections.
C) if you will qualify for a loan.
D) your access to health care.

Question 24

Which is a feature of debit cards?

A) They provide direct access to your checking account.
B) They can be used to pay off large purchases over time.
C) They are a primary component of your credit score.
D) They are the most secure form of payment.

Question 25

Which is an effective strategy for avoiding identity theft?

A) throwing old documents containing personal information directly in the trash
B) keeping the same passwords for many years
C) reporting unfamiliar charges to the bank or credit card company
D) using open networks when banking or shopping online

Question 26

While your studies are important, you should also include time for social and extracurricular activities in your schedule.

Question 27

Multitasking allows you to complete tasks more quickly and accurately than if you did them one at a time.

Question 28

Your diet and the amount of exercise you get can affect your energy level.

Question 29

Research shows that drinking coffee is more effective than napping at keeping your energy level up.

Question 30

The best strategy for getting out of credit card debt is to make just the minimum required payment each month.

Question 31

When using an electronic calendar, you should back up your information by syncing with another electronic device.

Question 32

Describe two time management problems you have faced as a college student. Explain how each problem has impacted your life and what you have done or plan to do to minimize or eliminate the problem.

Question 33

List three common reasons students procrastinate.

Question 34

List four strategies for beating procrastination.

Question 35

What role does your energy level at different times of the day play in determining your schedule? Describe three strategies you use to help stay energized throughout the day so you can meet your educational, personal, and professional obligations.

Question 36

Identify three strategies for avoiding overextending yourself.

Question 37

Describe a time when you felt overextended. What did you do to overcome this and manage your time and energy more effectively?

Question 38

Prepare a sample budget for next month, taking into account all of your income and expenses. Remember to include every expense you are likely to incur, including both major and incidental expenses, as well as all forms of income, including salary, financial aid disbursements, and financial gifts. Explain your choices in your response.