What is the first step to Opening and managing bank accounts?

Identifying your Needs determine your banking needs

Exploring career options and continue education

Budgeting and financial literacy

Create a budget and tracking expenses

Understanding your rights and responsibilities as an adult

studbud

Turing 18

15 termsStudBud Administration

Imported from external platform

Flashcards15 cardsFPractice quizPHost liveL

Questions 15

Answers

1
what is the first step to making a budget?
Create Your Budget Plan
Calculate Your Net Income
Set Financial Goals
Track and Categorize Your Expenses
2
Health insurance
Only seek medical care when it is absolutely necessary
Skip doctor visits
ignore health issues until they become emergencies
Understand different types of health insurance plans
3
What is a budget
Flexibility and Control
Deprivation
A Tool for Intention
Achieving Goals
4
Transportation
Understanding public transportation and maintaining your vehicle
Ignoring vehicle maintenance until it breaks down
Drive without a license
Rely on others for rides
5
At what age do you start to pay taxes
23
18
20
21
6
At what age can you move out of your parents house?
20
22
18
19
7
What is the first step to Opening and managing bank accounts?
Identifying your Needs determine your banking needs
Compare Banks
Set Up Alerts
Choose Account Type
8
How do you maintain a positive credit history
Don't Consider other credit options
Make timely payments
Never Check your credit reports
Keep balances high
9
At what age are you required to register for Selective Service?
19-30
18-25
19-20
18-30
10
Education
Having a job just make money
Exploring career options and continue education
Dropping out of high school
Avoiding internship and volunteer work
11
At what age can you vote?
17
21
20
18
12
What is a requirement for Jury Duty?
Residency is not needed
You don't have to be a citizen
English Language Proficiency
You have to be at least 17
13
Budgeting and financial literacy
Create a budget and tracking expenses
ignoring bill until they are overdue
Relying on credit card for all purchases
Spending every paycheck as soon as you get it
14
What is the highest credit score you can have?
940-999
1000-1050
800-850
740-799
15
Legal rights
Understanding your rights and responsibilities as an adult
Assuming you are above the law
Avoiding legal documents and contracts
ignoring laws and regulations

Turing 18 Flashcards | StudBud