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INTRO TO COLLEGE WEEK 2 Flashcards | StudBud

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Which of the following is an example of a long-term goal?

Which of the following statements about student loan repayment is true?

INTRO TO COLLEGE WEEK 2

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Answers

1
Which of the following statements about student loan repayment is true?
At the beginning of the loan, more of the payment goes toward interest.
The total loan payment amount changes each month.
Interest is not charged on loans that are paid off early.
In a loan, a larger portion of your payment goes toward the principal.
2
Which of the following is an example of a long-term goal?
Researching sources for a term paper
Catching the 3:30 train to class
Reviewing notes before an exam
Starting a small business before the age of thirty
3
True or False: Financial literacy involves understanding your own values and behaviors regarding money.
False
True
4
Which of the following habits can help prevent procrastination, according to Ernest Hemingway’s writing routine?
Waiting until the last minute to start writing
Writing only when feeling inspired
Choosing a time and place free from distractions
Skipping breaks to keep working nonstop
5
What is one way to save money when looking to cut costs?
Pay your bills late to avoid extra charges
Go out with friends more often
Spend more money on gadgets
Use student discounts
6
Why is it important to track how you spend your time?
To make sure you have free time for entertainment
To make your days feel longer
To see if your daily actions align with your long-term goals
To compare your schedule with your friends’ schedules