stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Financial Literacy Wise Review Flashcards | StudBud
Explore
/
Financial Literacy Wise Review
Financial Literacy Wise Review
19 terms
·
StudBud Administration
·
176 plays
Imported from external platform
Flashcards
19 cards
F
Practice quiz
P
Host live
L
Questions
19
Answers
1
What is a good credit score?
600
350
450
750
2
What financial institution owned by its members. Rates for borrowing usually lower
credit unions
banks
federal reserve
3
A retirement plan that is generally not taxed, if conditions are met
<p>Taxfree IRA</p>
Roth IRA
wealth IRA
4
What auto insurance protects drivers in encounters with other vehicles, objects, people, etc
collison insurance
comprehensive insurance
auto insurance
5
He gives advice on purchasing and investing in stocks. He has to take an exam for this
stock salesman
stock broker
bank teller
6
What is using a credit card for beneficial purchases and paying off 100 % on due date.
credit score
Establishing credit
pay yourself first
7
What type of insurance covers the cost of an insured individual's medical expenses
health
car
credit
8
What auto insurance that covers everything except collision?
deductible
comprehensive insurance
collision insurance
9
What is the annual percentage rate charged for borrowing money or using credit?
APT
APR
ARP
APE
10
What tax is triggered only when an asset is sold, not while the asset is held by an investor?
capital tax
capital gains tax
property tax
sales tax
11
What is the amount of expenses that must be paid before an insurer will pay any expenses.
health insurance
deductible
premium
endorsement
12
What retirement savings contributions are deducted from the employee's paycheck before taxes?
412
401 K
414L
405
13
This is required to open a bank account
child id
student id
state id
14
What are sold by banks, low risk investment,with interest slightly higher than saving/checking
DC
Certificates of deposit
compact disc
loans
15
What is a profit that results from a sale of a capital asset, such as a stock or house
budget profit
Capital gains
credit
social gains
16
What is a written plan for your income vs your expenses
story
plan
budget
2000 and late
17
When you sign your name in ink on the back of the check ...
check card
endorse
signature
cash
18
What type of health insurance which requires choosing Dr.' s on the approved list
EPO
PPO
HMO
19
When you save money before you pay bills
banking
pay credit
pay debt
pay yourself first