FDIC Overview

If you receive public benefits, you cannot save money.

• True

• False

Saving is a foundation for financial health. Small amounts can make a big difference over time.

• True

• False

All prepaid cards charge the same fees.

• True

• False

Will garnishment of your wages increase or decrease your take home pay?

• Increase

• Decrease

There is only one place you can put your savings.

• True

• False

Your real estate agent will decide what you can comfortably afford to pay for housing.

• True

• False

All debt works the same way

• True

• False

There are only two ways to pay bills; in person or mailing a check

• True

• False

Financial obligations are automatically suspended when disasters strike.

• True

• False

Being financially secure is only possible if you have a high income.

• True

• False