Adultinggg

What is the difference between a debit card and a credit card?

• A debit card requires a credit check; a credit card does not.
• A debit card can only be used for online purchases; a credit card can be used anywhere.
• A debit card uses funds from your bank account; a credit card allows borrowing money up to a limit.

What is an "emergency fund" and why is it important to include in your budget?

• An emergency fund is a savings account for unexpected expenses, crucial for financial stability.
• An emergency fund is a budget category for Chic-Fil-A.

• An emergency fund is a type of insurance policy for home repairs.
• An emergency fund is a loan that must be repaid with interest.

How many hours of sleep does a teenager need to feel rested?

• 24 hours

• 2 to 4 hours

• 8 to 10 hours
• none

What’s a security deposit for when renting an apartment?

• A security deposit protects the landlord from damages or unpaid rent. You have to pay it upfront before moving in.

• A security deposit is a monthly rent payment.
• A security deposit is to hire your own security guard.

How can you be prepared before an interview?

• Arrive without any materials
• Research the company and role, prepare answers and questions, and organize your resume.
• Focus solely on your appearance

What does “APR” stand for when you take out a loan or credit card?

• Another Payment Reminder

• Awesome Payment Rate

• Annual Percentage Rate
• A Party of Raccoons

What is the purpose of a budget?

• To track and manage your income and expenses effectively.

• To ensure you spend all your money each month.

• To avoid paying taxes.

Why is it important to have a good credit score?

• It means you have a lot of money in your bank account.

• It guarantees you will never have financial problems.

• It allows you to borrow money at lower interest rates.

What is the main benefit of having health insurance?

• It ensures you will never get sick.

• It provides financial protection against high medical costs.

• It covers all your living expenses.

What’s your go-to response when asked to do chores?

• I refuse to do any chores at all.
• I usually agree to help but may ask for a specific timeline.
• “I’ll do it if you pay me in snacks.”