Random
A financial institution that is owned by its members
A credit union
True or false: Keeping old credit cards open can positively impact your credit score.
True
Identity theft occurs when someone takes your personal information without:
Permission
A budget system that uses envelopes
Envelope stuffing
A for-profit financial institution
A bank
300
You should regularly check your ______ ________
to help prevent identity theft
Credit score
Groceries are a
Need
A financial institution that is owned by stakeholders
A bank
When building your credit score, it is ideal to keep your credit card balances as ____ as possible
A common answer to a security question
Mother's maiden name
A budgeting method that splits your expenses into three percentages
50/30/20 rule
A not-for-profit financial institution
A credit union
The highest credit score possible
850
Method of obtaining personal information by sending a link that the victim then clicks
Phishing
The first step in creating a budget is
Determine your after-tax income
You should start saving now to take advantage of _____________ interest
Compounding
This makes up 35% of your credit score
Payment history
Be cautious using:
Public wifi
When using the 50/30/20 rule, what should 20% of your income go to?
Savings or debt