What NOT to Do

True or False: People that you trust can pull you into a pyramid scheme.

• True

• False

True or False: The key definition of a pyramid scheme is that you CAN'T make money from the people you recruit.

• True

• False

True or False: Pyramid schemes will promise you that you'll make large amounts of money quickly.

• True

• False

True or False: Payday loan storefronts are most likely found in high-income communities.

• True

• False

True or False: Payday loans have extremely low interest rates.

• True

• False

True or False: If you're unable to pay back the payday loan, they can garnish your paycheck.

• True

• False

True or False: People may take out of their retirement fund early because of unexpected medical bills.

• True

• False

True or False: The penalty for taking out of your retirement is 10%. Example: You want $1000, but you only get $900.

• True

• False

Which of the following is a PRO to buying a brand new car from the dealership?

• It is extremely expensive.

• You have full customization options.

• The car loses value the moment you drive off the lot.

• You’ll have to sell it for way less than you bought it for.

Which of the following is a CON to buying a used car from the dealership?

• Covered by a full warranty.

• You can negotiate the price.

• It has previous owners, so it may require maintenance and repairs.

• Can include limited time car washes and oil changes.