Financial Literacy (Day #3 notes ...)

Which type of bankruptcy allows for your assets to be seized!

Everyone pays into Social Security.

Which type of banruptcy gives you more time to pay creditors?

Any type of bankruptcy looks bad on your credit report!

A trade defecit is something all countries try to avoid!

Everyone pays sin taxes.

Prime interest rates are offered to?

Who needs an IRA?

The U.S. government helps companies become monopolies.

When the government can legally seize your property.

How long does bankruptcy stay on your credit report?

300 is a fair credit rating score.

Which of the following deals with a involutary deduction from your paycheck?

Public schools that have many vacant lots get a government subsiy?

Which is an asset?

Automobiles in most cases depreciate in value.

Which type of bankrutcy allows you not to pay creditors back at all!

Inflation is good for consumers