Saving
Income
Budgeting
Credit
Goals
100
What doo the initials CD stand for?
What is certificate of deposit
100
70% of teens interviewed said their main source of income was their parents.
What is true?
100
The best way to stay on a budget is to use..
What is CASH?
100
Opening a credit card account will affect your credit?
What is true.
100
What does APR stand for?
What is annual percentage rate.
200
Generally, what is the rate of inflation from year to year.
What is 3%
200
All employees pay into Social Security and Medicare
What is true
200
A good way to track your spending and budget your money is by using what type of tracking tool?
What is spending log
200
Which type of card can carry a monthly balance?
What is a credit card
200
Most millionaires inherit their wealth?
What is false?
300
What does APR stand for?
What is annual percentage rate
300
What type of taxes do you pay on your car?
What is property taxes?
300
What type of car insurance covers your vehicle if you are in an accident?
What is liability insurance?
300
Which card affects your credit score, a debit card or a credit card?
What is a credit card
300
You have $3000 saved and earining .03% APR. What will your earning be a the end of year 1.
What is $9.91.
400
What does FDIC stand for?
What is Federal Deposit of Insurance Corporation.
400
What is retirement income paid for by the Federal government called?
What is social security?
400
On average, do more teens own cell phones or laptops?
What is cell phones?
400
Negative items remain on your credit report for how long?
What is 7 years
400
What is the name of the rule we used to determing how long it will take to double your money?
What is Rule of 72.
500
What type of account usually yields the least interest?
What is savings account
500
George earns $40,000 a year. He received a salary increase of $12,000. His income increase by what percent?
What is 30%.
500
Analyzing previous spending habits is considered part of budgeting.
What is true?
500
You are responsible for the payment of interest on this loan while you are in college
What is a subsidized loan
500
Which type of retirement account allows for after-tax contributions?
What is a Roth IRA.
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