Personal Finance
What is one example of a good money habit?
Research before you shop; make a budget; make a list before going to the store
What is one medium by which scammers might contact you?
phone, email
What is the difference between a want and a need?
Want: something you desire to have but that is not necessary to live
Need: something that is necessary to live!
What is a debit card?
A card that is connected to your bank account
What is the first thing you should do if you receive a scam call?
Hang up!!
What are 2 examples of needs?
Food, water, shelter
What is a credit card?
A card that borrows money from the bank rather than taking it directly out of your bank account
About how many people were targeted by imposter scams in the first six months of 2023?
200,000 people
When might someone check your credit score?
When you are applying for a job, purchasing car insurance, renting a home/apartment, applying for a loan, etc.
What are 2 important things to remember when using a credit card?
Make sure you have enough money in your bank account; make sure to pay off your credit card on time
What are some examples of things you should NEVER provide to scammers?
Birth dates, social security numbers, bank account information
What is a credit score?
A number based on your credit history (AKA your ability to pay back your credit on time)