Jacob is wondering how he can improve his intellectual well-being. Which of the following would contribute
the most to his intellectual well-being
What is Challenge himself by taking on a new project at work?
100
One’s Lifestyle is to their Standard of Living as present is to _
What is Future
100
To calculate her net worth Jordyn should use the following formula
What is Assets – liabilities = net worth
100
To increase his net worth, Jackson could
What is Increase his assets
100
Erica wants her class project to reflect her values. Which items would be best to include
What is Things that reflect her fundamental beliefs about what is worthwhile and important to her
200
As Mariah was looking over her sales receipt for the shirt she bought at a retail store, she discovered that
she was charged 6% more than the price tag showed for the item. What is this extra 6% charge most likely
to be
What is Sales tax on the shirt she purchased
200
Sylas is studying financial planning in one of his classes. His teacher has assigned him to create a timeline
of his financial future. Where should the end of his financial planning timeline be set
What is Never – it is an ongoing process.
200
Who is Medicare designed to help
What is Senior Citizens
200
Which of the following factors is not influenced by values
What is Everything is influenced by values
200
Give an example of a contractual expense
What is cell phone, internet, house payment, etc?
300
Mark and Susan, a recently married couple with full-time jobs, set a goal of putting $200 in savings every
month to make a down payment on a home in five years. What type of goal have they set
What is Long-term
300
One element of a financial goal is missing in the example below. Which one is it? "I will save $150 each
month to go on a vacation in one year
What is Attainable
300
Carter wants to participate in an activity that will improve his well-being. Which of the following activities
would contribute the most to his well-being
What is An activity that makes him lose track of time.
300
Kaylee will save her allowance of $25 per month to purchase a $150 mp3 player in six months. This is an
example of what type of goal
What is Short-term goal
300
If expenses were to exceed income on a spending plan, what would be a financially smart solution
What is Decrease expenses
400
Taxes that are charged on consumption items such as gasoline, hotel rooms, and airline tickets are called
which kind of taxes
What is Excise
400
Which of the following is likely to have the least influence on an individual’s values
What is Grade average
400
Which statement is TRUE about Payroll Taxes
What is Payroll taxes fund the Social Security and Medicare programs
400
Jenna wants to improve her financial well-being. Which of the following would contribute the most to her
financial well-being
What is Take a personal finance class to learn how to manage her money.
400
David made a mistake in his checking account recordkeeping and spent $10 more than he had deposited in
his account. As a result, he can expect to be charged a(n
What is Overdraft Fee
500
Amber’s academic adviser has asked her to set 3 academic goals for this semester. These goals are MOST
LIKELY to be accomplished if
What is Amber writes her goals down.
500
A key difference between commercial banks and credit unions is that
What is Commercial banks are 'for-profit’ and credit unions are 'not-for-profit’
500
Common fees that may be charged by a depository institution include all EXCEPT
What is Late fee
500
Savings tools offered by depository institutions may earn interest. Which of the following statements is
NOT TRUE about interest
What is When earning interest, look for low rates.
500
Which of the following statements about our interactions with money is NOT considered to be true
What is Investment increases risk and reduces your ability to cope with risk and uncertainty