Financial Literacy

You pay interest on your subsidized loans starting on the first day you receive them.

What is the average credit card interest rate?

What should you do with the money you earn?

You put money in a bank for 2 years. The bank adds 15% a year to the account. Will it add more/less money in 2 years?

You saved some money. Is it better to put your money in one investment, or into multiple investments?

Which of the following is true about sales taxes?

If each of the following persons had the same take-home pay, who would need the greatest amount of life insurance?

Your take home pay is less than the total amount you earned. What is taken out of your total pay?

Which is a better buy?

The type of car you own affects the price you pay for insurance.

Which of the following are NOT assets?

What is the rule of 72?

If you are an individual contractor and have a 1099, how much of your income should you save for taxes?

What are some ways to reduce my taxable income so I can pay less taxes?

A credit report is

How much money should you save in an emergency fund?

When dining in a restaurant, do you pay tip on the amount before or after tax?

Which of the following instruments is not typically associated with spending?

You received money as a baby. Which will most likely have the largest growth over the next 18 years?

What does it mean to default on your student loan?

Loans come with fees.

In terms of credit, what does APR stand for?