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UNIV 101 - Money Management Flashcards | StudBud

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How should you get rid of debt?

As a U.S. soldier fresh out of high school, which of the following would be the best purchase?

UNIV 101 - Money Management

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Money Management Class Final Project

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Questions 10

Answers

1
As a U.S. soldier fresh out of high school, which of the following would be the best purchase?
Toyota Prius (58 mpg)
Dodge Challenger SRT Hellcat
Mustang Shelby GT500
Chevrolet Camaro SS
2
How should you get rid of debt?
Debt Snowball
Pay off the high interest loans first
Ignore it until it leaves you alone
Debt Fireball
3
How would you bounce back after getting a $400 speeding ticket?
Come up with a monthly/weekly saving plan
You wouldn't need to if you had an emergency fund.
I'm built different they would've never caught me
Drop another $400 to make your car faster
4
How much is a good amount to start an emergency fund?
$500
$1000
$2000
$100
5
What is runway?
A song by Kanye West
The number of months or years that you can survive without an active income
A raised aisle extending into the audience from a stage
A leveled strip of smooth ground along which aircraft take off and land
6
When should you start a retirement fund?
Retirement? I'm in College!!!
Tomorrow
Yesterday
ASAP
7
About __% of Americans are in debt?
45
80
90
60
8
What did you learn about money management in high school?
How to spend $300 on a vending machine in one year
Not a thing
How to do taxes
How to invest
9
Do you think we deserve a 100? ( ͡° ͜ʖ ͡°)
No (ง'̀-'́)ง
Yes ¬‿¬
10
Good money habits come with age.
False
True