Personal Financial Literacy Exam Review

Why is an emergency fund very important

What is an important thing to do before you move into a rental?

What is generally true?

What is coinsurance?

What is a copayment?

What is net pay?

What is a deductible

If your gross pay is $300 and your employer deducts 30% of your pay for taxes, what is your net pay?

Community college is known for

Which of the following CANNOT factor into your car insurance price?

What is a bank?

What is an out of pocket maximum?

Which of the following is true about student loans

What do you need to fill out the FAFSA?

Why should you fill out the FAFSA?

What is the ideal breakdown of a budget?

What is a credit card?

What is one advantage of buying a home vs leasing it?

Which of the following is NOT one of the 3 pillars of retirement?

What should you do if you cannot pay your medical bills

Why do you contribute to social security?

If your employer offers to match your 401k contributions you should....

What is the advantage of a short term loan over a long term loan?

What is a premium?

A person who hates looking at their bank account balance is

When should you fill out the FAFSA?

which of the following is NOT a method for funding your education.

Why is Personal Financial Literacy a Class?

Why should you file your taxes? (form 1040)

Why should you invest in your retirement?

Which of the following is NOT an advantage of a used car?

What is a credit union?

What is a W2?

What is a debit card?

If you make $10 an hour and you work 30 hours, what is your gross pay?

Are you required to have car insurance?

What should you do if your identity gets stolen?

What is gross pay?

What is a good source to research jobs?

What is the relationship between Premiums and Deductibles?