Easy
How to build good credit?
Consistent on-time payments and maintaining low balances relative to your credit limit positively impact your credit score.
What is the 50/30/20 rule in budgeting?
balancing essential expenses, discretionary spending, and financial security.
What is the recommended starting point for an emergency fund?
$1,000
Which “F” term describes the year as it pertains to figuring out your business’s annual budget and other finances? For example, looking at quarterly statements and getting your taxes in order.
Fiscal
What is the rule of 72 used for?
The rule of 72 divides 72 by the annual interest rate to quickly estimate the years needed for an investment to double.
The third-largest mortgage lender in the U.S. in 2019 was what bank that was founded in California in the 1850s?
Wells Fargo
In 2013, a software bug caused what financial technology company to erroneously credit customer Chris Reynold's account with 92 quadrillion dollars, although the error was quickly corrected?
PayPal
What is an emergency fund, and how much should it cover?
A savings reserve for unexpected expenses, ideally covering 3–6 months of essential living costs
What is the difference between a Roth IRA and a traditional IRA?
In a Roth IRA, you pay taxes on contributions upfront, allowing tax-free withdrawals in retirement, unlike the tax-deferred traditional IRA.
In finance, what term that contains a state of matter refers to the ease with which an asset can be converted to cash?
Liquidity