If you have to pay your car insurance deductible, which is the best place to get the money?(1 point) Responses your emergency fund your emergency fund your insurance company your insurance company your credit card your credit card your family
The best place to get the money to pay your car insurance deductible would typically be from your emergency fund.
if you used money from your emergency fund, which is an appropriate next response?(1 point) Responses Repay your emergency fund by borrowing against credit cards. Repay your emergency fund by borrowing against credit cards. Continue with the saving plan as is, and your emergency fund will eventually return to its previous balance. Continue with the saving plan as is, and your emergency fund will eventually return to its previous balance. Reduce casual spending and increase savings until your emergency fund has been paid back. Reduce casual spending and increase savings until your emergency fund has been paid back. Borrow the money from your friends to pay the emergency fund back.
Reduce casual spending and increase savings until your emergency fund has been paid back.
Which is the first step in setting a financial goal? (1 point) Responses setting aside leftover income setting aside leftover income reducing your spending reducing your spending tracking your spending tracking your spending starting a second source of income
Tracking your spending is typically the first step in setting a financial goal.
Which of the following is identified as a 501(c)(3)? (1 point) Responses a private school a private school a private foundation a private foundation a company that donates its profits but has unrelated business income a company that donates its profits but has unrelated business income a lobbying firm
A private foundation is typically identified as a 501(c)(3).
Prior to the CARES Act, up to what percentage of your income could be deducted as a donation to charity? (1 point) Responses 80% 80% 100% 100% 60% 60% 70%
Prior to the CARES Act, up to 60% of your income could be deducted as a donation to charity.
What is the savings in a bank referred to as? (1 point) Responses A pile of money under your mattress A pile of money under your mattress A real estate property A real estate property A luxury car A luxury car An interest bearing savings account
