Foundations in Personal Finance 7.2

What items should you buy extended warranties on?

• Cars

• Washing Machines

• Nothing

• Cell Phones

If an expensive item breaks, use your ________ __________ to cover the cost to fix or replace it.

• Checking account

• Credit card

• Parent's money

• Emergency fund

You should buy extended warranties.

• True

• False

Cash is ______________.

• Emotional

• Temporary

• Risky

• Fake

When negotiating for a lower price, you should not use cash.

• True

• False

Using cash can be fun.

• True

• False

When negotiating for a good deal, you have to maintain your:

• Eye contact

• Tone of voice

• Strategy

• Walk-away power

_______________ people don't care what other people think about the car they drive.

• Broke

• Rich

• Poor

• Important

Sellers can tell by your _________________ if you're interested in buying what they're selling.

• Body language

• Hand shake

• Shoe size

• Car model

When buying a used car, you should pay to have the car inspected before buying.

• True

• False