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Financial Literacy (F.L.O.N) Flashcards | StudBud
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Financial Literacy (F.L.O.N)
Financial Literacy (F.L.O.N)
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Flashcards
15 cards
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Questions
15
Answers
1
Why was Penny able to choose a credit card with the best interest rate?
She sold her car
She had great credit
Her car was the right color
She had bad credit
2
Why did Bill lose his car?
He could not afford the monthly payments
His mom took it
He wrecked it
It was stolen
3
Cash Low is the man in the video who gave Bill a loan
False
True
4
After Penny purchased her condo, what was she planning for the future?
Buy another home
Buy two more cars
Sell her condo
Upgrade her home when she has a family, vacation, and saving for retirement
5
What is personal finance?
how much you exercise
how many siblings you have
where you live
how you handle your money
6
Both Penny and Bill got a job.
False
True
7
Both Penny and Bill got a checking account.
False
True
8
Bill's last name was Owed
False
True
9
Penny's last name is Earned
False
True
10
Bill was more successful with his checking account than Penny
False
True
11
Which of the following is one of the Five Foundations?
Buy your mom a car
Spend all of your money
Get out of debt
Get alot of credit cards
12
Why was Penny more successful than Bill at her job?
She was hired first
She saved the money she made at her job
She knew people
She made more money
13
What happened to Bill at the end of the video?
He bought a house
He got married
He moved back in with his parents
He moved to Canada
14
What kind of car did Bill purchase?
he never got a car
Expensive sports car
Cheap car
SUV
15
What class did Penny take to help her with her journey to financial freedom?
Financial Literacy 101
Geometry
Advisory
Social Studies
