Does having more money matter?
Understanding Personal Finance Concepts
Flashcard
•
Education
•
University
•
Hard
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6 questions
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1.
FLASHCARD QUESTION
Front
Back
Yes, indeed
2.
FLASHCARD QUESTION
Front
How many key factors make up your credit score?
Back
6
3.
FLASHCARD QUESTION
Front
What happens if you don’t pay your credit card bill on time?
Back
You may be charged a late fee and hurt your credit score
4.
FLASHCARD QUESTION
Front
What is an emergency fund used for?
Back
Unexpected expenses like medical bills or car repairs
5.
FLASHCARD QUESTION
Front
What is the best way to avoid credit card interest?
Back
Pay the full balance each month
6.
FLASHCARD QUESTION
Front
Why is it important to plan for retirement early?
Back
Because saving over time allows money to grow
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