Financial Literacy Chapter 1 and 2

If you find that you don't have enough money to cover your immediate needs, then you need more

Which of the following is a long-term financial goal?

Financial planning can affect the age at which you retire

To protect yourself from risk you should

Which of the following is NOT a type of insurance that people typically purchase?

Credit cards are good to use

Which is an example of a liquid asset?

Which of the following is not a part of personal financial planning?

Net worth is determined by subtracting an individual's liabilities from his or her ______.

Credit Card financing is available ___a borrower than longer-term financing for major purchases

The last component of a solid financial plan is

Stocks, bonds, mutual funds, and real estate are all common types of ________.

Which of the following is the best description of a financial plan?

A lender will not loan you more money than you can afford to borrow.

What amendment helped to end segregation in the 1950's

Why do people invest money?

Which of the following is not a financial decision?

I am ready for the chapter 1-2 test tomorrow

Compared to other long-term financial goals, raising a child is relatively inexpensive.

A lender will loan you