Which should you finance first?
*
1 point
your wants
your savings
your needs
your investments
Which expense is a spending want?
*
1 point
a sandwich
an allergy medication
a winter coat
movie tickets
Which of the following is true of credit cards?
*
1 point
You cannot use them to buy something that costs more money that you have in the bank.
They generally charge 3% to 5% interest.
They can be used to make online purchases.
When you use them, you never really know how much you owe.
If you have to pay your car insurance deductible, which is the best place to get the money?
*
1 point
your emergency fund
your insurance company
your credit card
your family
Which is the first step in setting a financial goal?
*
1 point
setting aside leftover income
reducing your spending
tracking your spending
starting a second source of income