Financial Literacy 101

A record of your credit accounts, your payment history, & the how you manage each account.

True /False: If you don't pay the balance on your credit card it has no effect on your credit. 

The ability to obtain the goods or services you want now by promising to pay for them later. 

A credit score of 730+ is considered? 

True or False: Having good credit or a good credit score, the more money you save on interest.

True or False:Phase 1 of making a good budget is assessing your personal & financial situation.

Which is NOT a method used for establishing credit?

TCF, Wells Fargo, and Minnco Credit Union are all examples of? 

A bank account in which you can withdraw money by writing checks or using a debit card. 

Which of the following is NOT a free budget app that you can download to help with budgeting. 

Using the image below, which number refers to the routing number on a check? 

What things should you consider when opening a checking account? 

True or False: ALL BANKS REQUIRE A MINIMUM BALANCE TO OPEN A CHECKING ACCOUNT. 

Which is NOT one of the 3 national bureaus that monitors credit?

True or False: Your ability to obtain credit is based on your credit history.