Personal Financial Everfi Modules 1-4 Quiz

buying a house right out of high school

investing in risky stocks

saving $5 to $10 a week; getting into the habit of doing this

purchasing a car right out of high school

80/10/10- 80% towards housing/bills, 10% towards saving and 10% towards entertainment

50/20/30 - 50% towards Housing/bills, 30% towards financial debt/savings and 20% towards entertainment

50/25/25 - 50% towards entertainment, 25% towards housing/bills and 25% savings

60/40/20: 60% savings, 40% housing/bills and 20% entertainment

Access to investment advice

Paper checks

Access to ATMs

Direct Deposit

They have limited operating hours during the day

They sometimes offer free services

They charge high fees

They delay when you can access your cash

Checking account

Savings account

Money market account

Certificate of deposit

True

False

Check your bank statement once a month

Ask your financial institution to notify you when you are close to $0 in your account.

Keep your own records to compare with your financial institution's records.

None of the above

The CFPB

No one, you can't resolve the issue

The local police station

Your financial institution

short-term financial goals, like building an emergency fund.

long-term financial goals, like paying for retirement.

guaranteed fast growth on your money.

earning a little interest while keeping your money safe.