Budget Challenge Post Quiz

Filing bankruptcy will typically wipe out all debts including student loans

Time and energy spent comparison shopping can be reduced by using a Comparison Shopping Engine

How can understanding risk management topics help me in everyday life? 

If you are undecided between two charities, choose the one with lowest administrative costs.

The fee the recipient of bad check issues originatorof the check for giving them a bad check

If you have ODP, you won't ever bounce a check.

If I invest $100 per month starting at age 21, earning 7%, how much will I have after 70 years 

The U.S. Government requires citizens & legal residents to maintain an adequate Emergency Fund.

If you were to save money for an Emergency Fund, which would be the best way to do this?

What happens if you do not have enough funds in your linked account to cover the overdraft?

One of the most common types of consumer fraud/scams is'Phishing'. Which are forms of phishing?

The rate of inflation will effect short term goals:

What is the safest initial step that I can take to start building my credit?

The fee the bank charges the depositor of a bad check is...

What type of accounts can be linked to a checking account for overdraft protection?

A good budget will insure that you will never make a late payment or bounce a check.

If you have car ins & allow your friend to drive your car, you will NOT be cov'd if they wreck

What is overdraft protection?

The fee the bank charges the issuer of a bad check is...

From the list, choose the 2 best suggestions for building & maintaining a good credit rating. 

Which of the following financial products can help you lower your personal risk?

Name of the largest consumer protection agencythat works to prevent fraud and deception