Personal Finance 3, 5, 8

The purpose of a credit union is to charge high interest to its members to make money.

Which one of the following is not considered a safe investment?

Overdraft protection protects you from others writing and giving you checks that bounce.

Keeping a minimum balance is the most common restriction with a checking account.

Higher interest rates are never more important than liquidity when choosing a savings plan.

Which one of the following is not a consideration when choosing a checking account?

Keeping a minimum balance is the most common restriction with checking accounts.

A home file is the best place to keep which of the following item?

The riskier your investments, the greater the return can be.

When the bank rolls over a CD, they place it in a new one year CD

Which one of the following should be kept in your home file?

Accounts that are compounded weekly will earn more than those compounded yearly.

Which one is not one of the ways you can increase your savings plan?

What is the first step in money management?

A savings/investment plan should start with a basic goal like "to make a lot of money."

Which one is not an advantage to a regular savings account?

Financial institutions that charge the highest interest rates are finace companies.

The money you have left over after all essentials have been paid is known as what?

Which one of the following is the easiest way to find the best CD rates?

Which one of the following is not a consideration associated with checking accounts?

Which is not true about credit unions?

Which is not one of 3 main categories of financial services that financial institutions offer?

The key to establishing a sound financial future is?

Disadv of investing US savings bonds is that they're interest free from state and local taxes.

If a check is lost or stolen, ask the bank for what?