Personal Finance

Front

When financial planning, what should you determine first?

Back

needs & goals

Front

When developing a savings plan, what should you remember? Options: wait until I'm older, pay myself first, pay off debt first, invest in high risk

Back

pay myself first

Front

A typical overdraft fee is how much?

Back

$40

Front

If you DO NOT pay your credit card bill on time, what will happen?

Back

late fee

Front

___________________ is when money is taken out of an account.

Back

debit

Front

_______________________ is the fee paid on a loan when borrowing money.

Back

interest

Front

_____________________ is money that is borrowed.

Back

credit

Front

Which account type allows you to earn interest? Options: checking account, credit card, mortgage, certificate of deposit

Back

certificate of deposit

Front

Which account type lets you spend your money easier? Options: savings account, checking account, certificate of deposit, mortgage

Back

checking account

Front

Which is NOT a good reason to have a credit card? Options: Credit scores help you get loans, Most people need credit, Credit cards offer bonus rewards, Credit is bad for you

Back

Credit is bad for you