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WGU D363 SECTION 1 LESSON 1 ASSESSMENT QUIZZES & ANS GRADED TO PASS!!
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WGU D363 SECTION 1 LESSON 1 ASSESSMENT QUIZZES & ANS GRADED TO PASS!!
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WGU D363 SECTION 1LESSON 1
ASSESSMENT QUIZZES
& ANS GRADED TO
PASS!!
D363
Evatee 8/10/24 WGU D363
, WGU D363 SECTION 1 LESSON 1
ASSESSMENT QUIZZES & ANS GRADED TO
PASS!!
Each month Jack deposits money into his personal retirement account, which
his employer matches. Additionally, Jack deposits money into his savings
account and an emergency fund. Jack's car breaks down and needs repairs.
Which account should Jack access first?
A) His emergency fund
B) His employer-funded retirement account
C) His savings account
D) His personal retirement account Answer - A) His emergency fund
What should be done first to manage personal spending habits?
A) Create a budget that lists income and expenses
B) Open an investment account
C) Pay off credit card bills in full each month
D) Open a retirement account Answer - A) Create a budget that lists income
and expenses
Which personal finance philosophy should Diego adhere to each month in
order to wisely manage his personal spending habits?
A) Diego should pay his rent first each month.
B) Diego should save money up front each month.
C) Diego should make charitable contributions.
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