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Financial Literacy Flashcards | StudBud

Explore/Financial Literacy

What is a resume?

18 is the best age to open a credit account.

Financial Literacy

10 terms·StudBud Administration

Some finance topics covered in school.

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Questions 10

Answers

1
18 is the best age to open a credit account.
False
True
2
What is a resume?
A summary about how you qualify and want the job.
Helps with a job
A document that sums up your skills, experiences, and accomplishments.
3
It's better to have wants rather than needs.
True
False
4
What are some ways you can save money?
Create a savings account
Create a budget
Create an emergency fund
All the above
5
What is one con living in a cashless society?
There are none
You can't purchase anything
It can expose your personal info to a possible data breach.
6
What is online banking?
Banking you can access from any digital device.
Money I control
Banking you can only access from your bank apps.
7
What is interest?
Money I owe
Money I am required to pay after getting a loan.
Money paid regularly at a particular rate for the use of money lent.
8
What is a cover letter?
A summary about how you qualify and want the job.
A way to save money.
Also helps with job
9
Often, what does a career require?
Specialized skills, training or a college degree.
You need a home
It requires you to have money.
10
What is a career?
A short term job
A job where I get money.
A long term job