Personal Finance Final Exam Review

Identify the safety tip for using ATMs

What factor can influence your starting salary at a new job?

What factors influence your credit score

One of the advantages of using credit is

What is a benefit of electronic banking?

What cash management tool would be best for investing money for 5 years?

What does the FDIC do?

What is an example of non-installment credit?

What is the purpose of a W-4?

Which of the following is NOT an example of installment credit?

What is good advice for buying auto insurance?

Using the rule of 72, how long will it take for an investment earning 12% to double

What type of investment tools offers tiered interest rates(more you have the higher % you get)

What can happen to a person with a poor credit score?

What are the components of the 70-20-10 rule?

What would be an example of an opportunity cost of investing in the stock market?

What is the rule for how much should you keep in savings for emergencies?

Why do your values influence the way that you spend money?

How does inflation impact the rate of return on investments?

What is an advantage of renting?

What type of credit allows you to determine how much of the line of credit you use each month

What type of professional can help me create an investment portfolio?

What are the components of a solid financial goal?

Which of the following is an advantage to owning your own home?

Why should you comparison shop for a vehicle?

When choosing a career, some factors that can help balance personal and financial satisfaction?

What could you do to find out what career you would be suitable for and would enjoy?

What is the difference between saving and investing?

How is a career different than a job

What should you do if you are a victim of identity theft?

Joe makes $10 per hour.He worked 30 hours this week. What is Joe's gross salary?

What is the main function of a checking account?

What is the opportunity cost for something?

What is a credit report?

Which of the following are NOT part of a lease

Joe makes 10 hour. Worked 40 hours. Taxes and withholdings 100. What is net pay?

What is a housing lease?

Which type of credit makes the same payment each month at the same time every month.

Which of the following are traits of credit unions?

How does the time value of money benefit you?

Why is it advisable to shop for a credit card?

Why is it a good decision to have a diversified portfolio?

When the market is doing well it is referred to as.....

What would be something that you would buy using your discretionary income?

Which is NOT true about direct deposits or payments?

What is the security deposit for?

What is the purpose of a W-2?

What is the relationship between risk and return?

Who pays the property taxes on a rental property?

What type of information is NOT found on a persons credit report?

What should you do to start to prepare to buy a house?

When can a landlord evict a tenant?