Insurance
What is collision coverage?
Collision coverage is when you have an accident with another motor vehicle
Why is it important to create a budget?
To limit spending
What is the most important to do in the NAIC investment principles?
To Diversify
why is it important to plan for your future?
So you know what you want to do later down the road
What is comprehensive coverage?
Comprehensive coverage is for when an unfortunate event that is out of your control happens
When renting an apartment why is it important to have a budget?
To save so you can pay expenses
Who is the money handled by in mutual funds?
Fund Managers
what is a website that can help you plan?
The o.o.h
what are the four types of insurance?
1.Auto Insurance
2.Health insurance
3.Life insurance
4.Home insurance
True or false budgeting can help when saving for insurance
True
What is Face Value?
How much the bond will be at maturity
Do you have to know what you want right away?
No it takes time
Why is life insurance important?
It makes it so your family can recover financially when die
Is budgeting only available to certain people?
No everyone can benefit from a budget
What is the S&P 500?
500 leading U.S. publicly traded companies
Is it okay to not do what somebody else is doing?
Yes its your path and you choose what you like
what is the minimum amount of coverage that you can get with home insurance that most policies provide?
$100,000
Why is having a budget for your insurance important?
So you can pay what's needed out of pocket when an accident occurs
What is the Dow Jones industrial average?
30 large, publicly-owned blue tracks 30 large, publicly-owned blue-chip companies trading on the New York Stock Exchange and Nasdaq
Who can you ask about career planning when you are stuck?
A parent or teacher