FiCep bundled exams 2023 with 100% correct answers

What are the housing market conditions that can indicate a real estate "bubble"? Housing values are rising faster than consumer income What five sources influence most consumers' financial practices? Parents, Lenders, learned patterns, creditors, society/peers What is the best tac...

Select the statement that correctly describes a progressive tax. A progressive tax requires people to pay more as they earn more. What is the name of the organization that offers free tax assistance to taxpayers age 60 or older, those with disabilities or special needs, or who qualify for ea...

Right Side of the Brain This side of the brain processes creativity, patterns, spatial awareness, context Financial Planning Helps members make the most of their incomes to accomplish long term goals, including saving and investing for retirement Debt Counseling Helps members learn ...

people who have gambled in their lifetimes, in the past year 85%, 66% learning financial attitudes from parents is known as modeling consumers who want it "now vs later" are at the greatest risk of spending more than they can afford if a member thinks of a new obligation as...

Which spending cycle is the preferred one to be in? Earn/Save/Spend concious mind left hemisphere, center for processing sensory info unconscious mind Right hemisphere, autonomic processing Hard approach left/analytic side, assertive/orderly/straightforward Soft appro...

Lien If a debtor files a _________ on your property you will will unable to sell or dispose of it without arrangements on the debt. Poor financial habits Spending too much, saving too little, carrying too much debt, reliance on othersm and caring to little about finance. Money avoida...

401k Plan A plan which allows employees to make tax-deferred contributions to retirement savings accounts. Many employers match these contributions at a specified ratio to help retirement savings build faster. Beneficiary The person or persons who are designated to receive the amount of the...