The money you pay for an insurance policy is called your
What is a Premium?
100
1.Use strong passwords and protect them. Also, change them often.
2.Be careful what you post on social media. For example:
3.Don’t post that you will be out of town for a week or two.
4.Don’t give away personal identity details.
What are ways you can protect yourself against identity theft?
100
When you retire, you lose your earned income
Why is it important to save for retirement?
100
An increase in the cost of goods and services over time
What is inflation?
200
Long-Term Savings
What is Investing?
200
Which of the following types of insurance would cover your costs associated with a
car accident?
What is auto Insurance?
200
A stolen wallet or purse, mail, and other documents that are thrown in the
trash, Internet access to personal devices, and social media sites
What are ways a person can access your personal information?
200
Your college tuition, your first car, down payment on your first house, or
any savings goals over five years.
What else, besides retirement, would be considered a long-term savings goal?
200
Interest paid on interest previously earned
What is Compound Interest?
300
This type of investment represents small pieces of ownership in a company.
What are Stocks?
300
Which of the following types of insurance would cover costs associated with the theft of
belongings from your house?
What is Homeowners/Renters Insurance?
300
Occurs Every 79 seconds.
What is Identity Theft?
300
• Compare fees and penalties (some banks charge a fee if your account drops below a
minimum balance).
• Compare interest rates. Generally, they are extremely low (less than 1%).
• Compare mobile and online banking features that can provide ways to simplify account
management, funds transfer, etc.
• Discover your account options as a student and determine which would be best for you.
What are things you should consider when shopping for a savings account?
300
The process of setting aside money until a future date instead of spending it today
What is Saving?
400
A retirement savings plan offered by a company to its employees
What is a 401K plan?
400
A persons age, Gender, and past driving records.
What are factors that influence the cost of auto insurance?
400
Medical Files.
What has More Identity Theft Than Any Other Industry?
400
1. Save $500 for emergencies
2. Get out of debt (or simply avoid debt)
3. Pay cash for your car
4. Pay cash for college
5. Build wealth and give
What are the 5 Foundations?
400
A unique nine-digit number assigned to US citizens and
used to identify and track them for Social Security benefits
What is a Social Security Number?
500
Stocks, Bonds, Mutual funds, Certificates of deposit
What are some different ways to invest your money?
500
protects you if someone sues you because they were
hurt on your property or as a result of an accident in which you are at fault.
What is Liability Insurance?
500
"Freezing" Your Credit.
What is a way I can protect myself from Identity Theft?