Questions
1. What is a budget?
2. What is the primary purpose of an emergency fund?
3. What does APR stand for?
4. Which of the following is a good way to improve your credit score?
5. What is a 401(k)?
6. What is the purpose of diversification in investing?
7. Which of the following is NOT a debit for a credit card?
8. What does it mean to live within your means?
9. What is one benefit of having a good credit score?
Answers
1. A plan for your income and expenses
2. To cover unexpected expenses
3. Annual Percentage Rate
4. Making payments on time
5. A retirement savings plan offered by an employer
6. To spread risk across various investments
7. Cash back rewards
8. Spending less than you earn
9. Easier approval for loans and credit