EVERFI Module 1 - 7 BUNDLED TOGETHER | Questions and Answers 2023 Verified Answers

Generally, the more education you receive, the higher your lifetime earnings will be. True There is no relationship between the level of education received and lifetime earnings. False For most careers, which degree will most likely result in the highest lifetime earnings? Bachelor’s Degree ...

Which of the following is a benefit of using a budget? All of the above Which of the following is NOT a benefit of using a budget? A budget can help you purchase anything you want. Why is using a budget beneficial? All of the above Which of the following should NOT be considered when setting a c...

Making a good purchasing decision requires __. All of the above When you are deciding what to buy, you should…compare the unit price of items similar to the one you want. What is one of the best ways to get reliable information about a product? Search online reviews Which example shows an adv...

Using a loan could help with the purchase of which of the following? A house When are loans a good option to use? When paying for higher education What should you NOT use a loan to purchase? Airline tickets to your dream vacation Which item is important to consider when selecting a credit card?...

Making the choice to spend money on post-secondary education pays off in the long run because: The salary you will earn with a degree will pay back the cost of college over your career. What are the benefits of attending a local community college? All of the above. Andrew doesn’t want to spen...

Wearing a seat belt, not texting when driving, and driving carefully are all examples of… risk management strategies. Which is not an example of a risk management strategy? Buying a new car What should you NOT use a loan to purchase? Airline tickets to your dream vacation How is having a sec...

1. Which of the following statements about credit scores is TRUE? a. Credit scores reflect how likely individuals are to repay their debts. b. Credit scores range from the low 300’s to the mid 800’s. c. Each person has three credit scores. d. All of the above. 2. Which of the following stat...