Show:
Debt
Credit Cards
Insurance
Saving Accounts
Banks
100

Is there a limit to how much debt you can be in?

No

100

True or False, can you purchase credit cards linked to certain companies?

True

100

What are the two main types of insurance?

 Term insurance and permanent insurance.

100

Why are savings accounts not the best choice for long-term investments?

Returns are low. 

100

How can I find high interest rates?

Try to find a bank that has a high interest rate by doing a lot of interest, and calling to find out more information.

200

How do you deal with any kind of debt?

Make all your payments on time and be able to pay it back in the long run

200
Will having too many credit cards help or hurt my credit?

It will hurt your credit.

200

What is the ideal amount of life insurance?

At least 10 times the amount of annual salary.

200

What is an advantage of a savings account?

You will have emergency money if you need it. 

200

Can I bank online?

Yes, you can sign up for an online bank from your phone

300
Can I get arrested for my debt?

No

300

How many numbers does a credit card have?

16

300

What is full car insuarnce coverage?

They require you to carry comprehensive and collision plus anything else your state mandates.

300

What is a disadvantage of a savings account?

Interest rates are variable, not fixed

300

Is there an ATM usage fee?

Depending on what kind of ATM it is, if it part of your bank, there might not be a fee but if it isn't, then there might be a fee

400

Will filing for bankruptcy make your debts go away?

It will eliminate most of your debts

400

What are some kind of rewards you can get on a credit card?

Cash back; points rewards; gift cards; statement credit, travel expenses

400

Do i want insurance for a boat?

It may be required by your bank or lending institution (if you lease or finance your boat) or your marina (if you rent a dock or boat slip).

400

Is it good to invest in a savings account?

Yes. This will be helpful for people who need to save for incoming events. 
400

How can I access my money?

You can find your money by looking into one of your accounts, or you can call the bank and ask them to open the account and look for you
500

How is debt calculated?

You need to get a debt collector and hear their take on your debt so that they are able to help you as much as they can

500

What makes a credit card different from a debit card?

A credit card has a set amount of money you can spend a month that you will have to pay back at the end of the month; you are not spending your own money.
500

Is business insurance required by law?

The state of Rhode Island requires businesses with one or more employees, full-time or part-time, to carry workers' compensation insurance.

500

What are reasons to save instead of invest?

Safety and liquidity

500

What are some questions you should ask before opening an account with a bank?

- What are this banks fee's?

- What are the account's interest rates?

- Is there a minimum balance that is needed for an account?