Which TWO of the following statements are advantages of online banking?
Which TWO of the following statements are advantages of online banking?
1. Which of the following transactions will REDUCE your checking account balance immediately?
When signing up for a new checking account, you answer "Yes" to receive overdraft protection. On this day, you have $10 in your account and go out and use your debit card to buy lunch for $12, a movie ticket for $12 and dinner for $15. What is likely to be the outcome resulting from these transactions?
What is the mathematical formula that you would use to describe the financial activity on a bank statement?
Which TWO of the following statements are advantages of online banking?
How is an online savings account different from a traditional savings account?
Fill in the blanks with the correct responses. If you follow the 50-20-30 rule of budgeting, you'll be putting 50% of your monthly income toward _______________, 20% of your monthly income toward _____________, and 30% of your monthly income toward ______________.
Stanley deposits $1,000 into a savings account that pays 1% interest. At the end of the first year, he's earned $10 in interest and there is $1,010 in the account. If the account has simple interest, the 1% interest for year two would be based off ____________. If the account has compounding interest, the 1% interest for year two would be based off ________________.(NOTE: The first choice goes in the first blank, the second choice goes in the second blank)
Reading through a credit card disclosure (aka the Schumer Box), you see the APR for a specific card is set at 9.99% - 23.99%. Which statement is true?
When taking out a loan, the shorter your term length, the _______ your monthly payments, and the _______ the total interest you will pay.
Elizabeth is considering buying a $30,000 car. Which of these financing options will likely lead to the LOWEST MONTHLY payment?
Select the statement below that accurately describes a characteristic of a credit card.
As a young adult, all of the following are good strategies for building credit, EXCEPT:
How can your credit score impact your financial situation?
Who tracks all of your credit information?
Each of the following financial products will help you build a credit history EXCEPT...
Which best describes the Debt Snowball method for paying off debt?
Which of these options depicts the types of financial aid from MOST attractive to LEAST attractive?
Isaiah works for the summer at a technology company and has a salary for the summer of $3,000. After Federal and state taxes, Social Security, and Medicare are deducted, his take-home pay is $2,500. Which of the statements below is correct?
Sam has $2500 per month to spend. He estimates his monthly costs to be: rent of $800, car expenses of $650, utilities of $200, insurance of $350, food for $200, and other expenses of $100. What is the end result?
Which of these costs would be the MOST difficult to adjust if you were looking to reduce your expenses?
Your friend has an interview tomorrow and is seeking his first job. Which of the following represents the WORST piece of advice you can give him?
Aaron realizes he has a budget deficit of roughly $175 at the end of two months in a row. Which of these options makes the most sense for him to fix his problem?
Juanita wants to better understand what soft skills are. Which of the following statements do you tell her?
Your friend Wilma created a LinkedIn profile a while back and would like to use it more often to expand her network and look for new job opportunities. Which of the following should she do?
When you review your monthly checking account statement, which statement below would indicate that you deposited more money than you spent?
Please reply with anything you would like to see change or stay the same for next semester for this class. What worked or what didn't work.