What is an evaluation of how smart someone is financially and with their spending?
100
A financial plan and a list of all planned expenses and revenues.
What is a budget?
100
This is Insurance.
What is a form of risk management?
100
Define the Stock Market.
What is a public entity for the trading of company stocks and derivatives at an agreed price.
100
Define a mortgage loan.
What is a loan secured by real property through the use of a mortgage note which evidences the existence the loan and the encumbrance of that realty through the granting of a mortgage which the secures the loan?
200
A credit rating is the same as a credit score. (True or False question)
What is False?
200
A good way to keep of spending to keep within your budget.
What is using cash instead of a Credit Card?
200
These three things are types of insurance.
What is auto, home, health, dental, accident, unemployment, life, property, liability, or credit insurance? (Just three of these types of insurance is enough)
200
This can be used to help pick stocks before you buy them.
What is a graph showing the recent history of the stocks.
200
Mortgages have an interest rate. (A true or false question)
What is True?
300
A 3-digit number that is used to represent someone's credit rating in North America.
What is a credit score?
300
A budget is all about this.
What is understanding how much money you have, and dividing it up properly between your different monthly expenses.
300
These three things are covered under someone's auto insurance if they happen to be in a bad accident.
What is property damage, liability (legal expenses), and medical expenses.
300
The largest stock market in Canada.
What is the Toronto Stock Exchange.
300
One needs a mortgage loan to buy this?
What is a house?
400
Your credit rating is taken into account when you do these things.
What is buying a car, getting a loan/morgage, renting an apartment, or buying a house.
400
This is the best way to make budget goals.
What is making realistic budget plans, starting with small goals that have short time frames.
400
This is a type of insurance where the insurance company repays some or all of a loan when the borrower becomes unemployed, disabled, or if the borrower dies.
What is Credit Insurance?
400
The largest stock market in the united states.
What is the New York Stock Exchange.
400
A foreclosure or repossession.
What is the possibility that the lender has to foreclose, repossess, or seize the property under certain circumstances?
500
This is the most common kind of credit score.
What is the FICO score?
500
This is an example of one type of budget.
What are sales budgets, production budgets, cash flow/cash budgets, marketing budgets, project budgets, revenue budgets, or expenditure budgets. (Any one of these answers will be ok, you only need one answer.)
500
This is one of the major controversies surrounding insurance companies.
What is:
1. Insurance gives people a false sense of security, causing them to take risks they wouldn't normally take.
2. Complex contracts- insurance companies have many clauses in their contracts to protect them from ever having to give too much money to a person.
3. This of course means that there are very limited benefits for the person who is paying for insurance.
(ANY ONE OF THESE ANSWERS IS CORRECT, AND YOU ONLY HAVE TO GIVE ONE ANSWER TO GET A POINT)
500
How much money the entire world's stock markets are worth all together.
What is $791 trillion?
500
This is the literal English translation of the work 'mortgage' (which comes from French words).