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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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College financial literacy IQ
Flashcards
7 cards
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Questions
7
Answers
1
______ or more is considered a good credit score.
580
775
625
700
2
You must pay interest at all times with a Subsidized Loan.
True
False
3
You should save at least _____% of your paycheck
10
5
3
8
4
Average monthly student loan paymen (for borrowers ages 20-30 years)?
$351
$298
$176
$200
5
What percentage of Americans are living paycheck to paycheck?
15%
61%
50%
1%
6
How many months of expenses should your “emergenc funds” cover?
6-9
2-5
1-3
3-6
7
The Government pays interest at all times with an Unsubsidized Loan.
True
False
