MOD 1
MOD 2
MOD 3
MOD 4
MOD 5
100
The rule of 72 is a great way to calculate this.
What is how many years it will take to double your principal?
100
A measure of how easy or difficult it is to turn an asset into cash.
What is liquidity?
100
To protect the money in your bank account, you should never share THIS.
What is your PIN?
100
Another name for a credit score.
What is FICO?
100
After the FAFSA is submitted, the applicant will receive THIS.
What is a Student Aid Report (SAR) or FAFSA number?
200
An alternative to eating out at a restaurant is THIS.
What is make a meal at home?
200
THIS account type allows you to earn a little higher interest rate AND write checks but you have to leave a minimum required balance in the account.
What is a money market account?
200
These TWO things are the best things you can do if you have a credit card.
What is PAY ON TIME and PAY IN FULL?
200
What you will pay if you have a low credit score.
What is higher interest rates?
200
You should start applying for colleges, getting letters of recommendation and finding ways to pay for college in THIS year of high school.
What is 12th grade / senior year?
300
True or False: A lender is always a bank.
What is FALSE?
300
Sometimes, payday lenders are called THESE.
What is loan sharks?
300
THIS person often requires a money order if you don't have much experience with money yet.
What is a landlord?
300
The number of years a derogatory item will stay on your credit report.
What is 7 years?
300
A private student loan should be your (1st / 2nd / 3rd/ last) choice when finding a way to pay for college.
What is last?
400
If you are a lender, you want to collect THIS type of interest.
What is compound interest?
400
The organization that monitors the government's monetary policy.
What is the Federal Reserve?
400
The "cashier" in Cashier's Check is THIS person.
What is the bank employee?
400
In the event you can't make your payments, you can do THIS to get help.
What are: Ask the credit card company for a lower rate OR Consult a non-profit debt counseling organization?
400
To qualify for a subsidized loan, you must show THIS.
What is financial need?
500
THESE are three types of savings vehicles.
What is a savings account, a Money Market account and a Certificate of Deposit (CD)?
500
THIS can pay higher interest rates to depositors and charge lower interest rates from borrowers because it is THIS.
What is a credit union; non-profit?
500
One way to avoid paying the APR is to do THIS.
What is pay your credit card bill in full every month?
500
What you need to borrow money easily and get a low interest rate.
What is a high credit score?
500
Borrowing money to pay for college is a good idea because you are doing THIS
What is investing in yourself/increasing your ROI later?
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