Personal Finance Exam Review

Front

Comprehensive coverage pays for loss or damage to your car caused by _________.

Back

Anything other than a collision

Front

Through the Affordable Care Act, you can stay on your parents’ health insurance until....

Back

You turn 26 years old

Front

Medicare and Medicaid are examples of.....

Back

Government programs for public health insurance

Front

What is deductible?

Back

The amount you have to pay before the insurance company will make a payment.

Front

The money you earn hourly for your time and effort at work is called __________.

Back

Wages

Front

What does the form W-4 estimate?

Back

How much tax you'll owe based on your personal situation.

Front

Every American who earns an income must file a _________ each year.

Back

Federal tax return

Front

Your greatest tool to building wealth is ___________.

Back

Tax cuts, Single stocks, Your income, Your credit score

Front

What is the best way to avoid falling into debt?

Back

Only buy things that you can purchase with cash.

Front

The _________ is the total amount of the car loan, plus taxes and fees.

Back

Principal