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[Show more]Which of the following is NOT a good way to track your spending? 
- In your head 
- Notebook and pencil 
- Envelope method 
- Online software or app CORRECT ANSWER In your head 
 
What should be considered when setting a budget? CORRECT ANSWER Needs, wants, and savings 
 
Which choice or choices bes...
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Add to cartWhich of the following is NOT a good way to track your spending? 
- In your head 
- Notebook and pencil 
- Envelope method 
- Online software or app CORRECT ANSWER In your head 
 
What should be considered when setting a budget? CORRECT ANSWER Needs, wants, and savings 
 
Which choice or choices bes...
all of the following are true about why it is important to complete the free application for federal student aid (FAFSA) process EXCEPT: CORRECT ANSWER it allows you to be eligible for early admission 
 
what has the biggest impact on whether a 4-year university is affordable? CORRECT ANSWER the amo...
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Add to cartall of the following are true about why it is important to complete the free application for federal student aid (FAFSA) process EXCEPT: CORRECT ANSWER it allows you to be eligible for early admission 
 
what has the biggest impact on whether a 4-year university is affordable? CORRECT ANSWER the amo...
an example of a risk management strategy is... CORRECT ANSWER both a and c 
 
what is a risk management strategy you could use to protect your home? CORRECT ANSWER a and b 
 
how is having a security system for you home a risk management strategy? CORRECT ANSWER the security system will alert author...
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Add to cartan example of a risk management strategy is... CORRECT ANSWER both a and c 
 
what is a risk management strategy you could use to protect your home? CORRECT ANSWER a and b 
 
how is having a security system for you home a risk management strategy? CORRECT ANSWER the security system will alert author...
W-4 CORRECT ANSWER A federal tax form filled out by an employee to indicate the amount that should be withheld from his/her paycheck for taxes. 
 
gig economy CORRECT ANSWER a flexible market that allows you to work short-term independent jobs 
 
net pay CORRECT ANSWER take home pay; the amount of a...
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Add to cartW-4 CORRECT ANSWER A federal tax form filled out by an employee to indicate the amount that should be withheld from his/her paycheck for taxes. 
 
gig economy CORRECT ANSWER a flexible market that allows you to work short-term independent jobs 
 
net pay CORRECT ANSWER take home pay; the amount of a...
which payment option takes money out of your bank immediately? CORRECT ANSWER debit card 
 
which forms of payment is linked to a bank account which limits the amount of money you can spend to balance your account? CORRECT ANSWER checks & debit cards 
 
which of the following is NOT be a warning sig...
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Add to cartwhich payment option takes money out of your bank immediately? CORRECT ANSWER debit card 
 
which forms of payment is linked to a bank account which limits the amount of money you can spend to balance your account? CORRECT ANSWER checks & debit cards 
 
which of the following is NOT be a warning sig...
A savings account that compounds interest daily will earn a higher return than a savings account that pays simple interest daily. 
 
- True 
- False CORRECT ANSWER - True 
 
Why is it important to reconcile your bank statements? 
 
- To avoid spending more than what is in your account. 
- To detect ...
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Add to cartA savings account that compounds interest daily will earn a higher return than a savings account that pays simple interest daily. 
 
- True 
- False CORRECT ANSWER - True 
 
Why is it important to reconcile your bank statements? 
 
- To avoid spending more than what is in your account. 
- To detect ...
which of the following is NOT a common feature of a financial institution? CORRECT ANSWER access to investment products, investment trading, access to investment advice 
 
which of the following statements about check cashing companies is TRUE? CORRECT ANSWER they charge high fees 
 
which of the fo...
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Add to cartwhich of the following is NOT a common feature of a financial institution? CORRECT ANSWER access to investment products, investment trading, access to investment advice 
 
which of the following statements about check cashing companies is TRUE? CORRECT ANSWER they charge high fees 
 
which of the fo...
Investing is best for ________. 
a. long-term financial goals, like paying for retirement. 
b. earning a little interest while keeping your money safe 
c. guaranteed fast growth on your money 
d. short-term financial goals, like building an emergency fund. CORRECT ANSWER a 
 
How can you avoid s...
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Add to cartInvesting is best for ________. 
a. long-term financial goals, like paying for retirement. 
b. earning a little interest while keeping your money safe 
c. guaranteed fast growth on your money 
d. short-term financial goals, like building an emergency fund. CORRECT ANSWER a 
 
How can you avoid s...
What is the typical relationship between time and interest rate? 
a) Longer time period usually equal higher interest rates 
b) Shorter time period usually equal higher interest rates 
c) Longer time periods usually have no affect on interest rates 
d) Shorter time periods usually have no affect on ...
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Add to cartWhat is the typical relationship between time and interest rate? 
a) Longer time period usually equal higher interest rates 
b) Shorter time period usually equal higher interest rates 
c) Longer time periods usually have no affect on interest rates 
d) Shorter time periods usually have no affect on ...
Which of the following statements about check cashing companies is FALSE? 
 
a. They make it easy to fall into a loan cycle that is hard to get out of 
b. They offer bad deals where you'll owe a lot more than you borrowed 
c. They can take a percentage of your check on top of fees 
d. They charge l...
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Add to cartWhich of the following statements about check cashing companies is FALSE? 
 
a. They make it easy to fall into a loan cycle that is hard to get out of 
b. They offer bad deals where you'll owe a lot more than you borrowed 
c. They can take a percentage of your check on top of fees 
d. They charge l...
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