What decision-making strategy weighs the costs against the benefits of an action, purchase, or financial decision?

Social Security, Medicare, and Medicaid are examples of what?

Intangible activity that another person usually performs for a fee.

A period of rising prices is known as:

Things a person desires but can live without

Which of the following is a need for all humans.

In-state tuition given to students from a neighboring state is called:

The best types of loan to apply for are:

Which of the following have increased the costs of attending college?

A full time student must take ___ credits a semester.

One way that a two year college is cheaper is that they don’t require to take electives courses.

When applying for student loans; your EFC is:

On average, a college graduate will make ___ more in their lifetime than a high school graduate.

Three sources of funds for higher education that definitely DO NOT have to be repaid are:

Who can be a lender for student loans?

The key to paying off student loans quicker is to pay off what?

The FAFSA Form must be filled out annually.

Fafsa only needs to be filled out by you and not a parent or guardian also.

Deferring on a student loan will save you money since you pay less per month.

Which of the following is NOT a mandatory deduction?

The money you take home after deductions if called:

This tax form is filled out when starting a job to determine how much tax should be withheld.

By law, you must receive this tax form no later than January 31.

These lower the amount of taxes you must pay to the government.

What number should you select on your W-4 to ensure you have the most tax taken out right away?

Placing your money in a bank is safer than sticking it in your wallet.

FDIC Insured banks will reimburse lost funds up to:

Even though it is low, banks offer _____ which helps you money keep up with inflation.

A successful budget is written down. You can manage your cash-flow by writing with:

The process of matching your checkbook with a bank's records is called:

When reconciling a bank statement. What is the most common type of transaction a bank knows about before we do?

Annual Percentage Rates are:

Revolving credit allows you to borrow as much money as you would like up to your limit and once you pay off part of your balance you can continue to borrow.

The most you can have charged on your credit card at any one time is your:

As you get credit card bills you will have to pay off a minimum balance each month.

Having a good credit score will cost you less in the long-run

A grace period is a period of time where you can pay off you principal without interest charges.

Paying only the minimum each month will save you money since you’re paying less.

Credit card companies are very picky on who they will give cards to.

The statement “risk and reward are related” implies:

Some investors place a greater priority on safe earnings than on risky . They prefer ________ stocks.

Cal owns 100 shares of Tricor stock. Tricor pays an annual dividend of $6.25 per share. Cal will receive his first quarterly payment on March 30. The dividend check will be for:

IPO means:

Based on the Rule of 72, if you invested money and earned 8% interest, your money would double in

Interest earned on interest occurs with:

A bond is:

Stocks, bonds and mutual funds are all part of:

Charles invests in a $500 CD at a rate of 8% for 15 years. What’s the future value?

Leevers Fresh Foods has 2 investors: Employee A has 30 shares, Employee B has 72 shares. Leevers had an excellent quarter and decided to pay a dividend of $3 to it’s employees, what would the total dividend amount be?

Bob owns 3,000 shares of Target Stock who offers a total dividend of $1,560. What would yield per dividend?

Payment of earnings to investors is called:

Leasing is a great option because you have lower monthly payments.

One drawback of leasing is that once you’ve paid-up you’re stuck with the car.

Buying a car usually has high monthly payments, but after you’ve paid the car off you own it.

All of the following are ways you can lower your monthly payment on car except:

By law you are required to have ___ insurance.

Comprehensive insurance will cover your vehicle for car-related issues only.

The amount you pay monthly or quarterly to stay insured is called:

Adding property or items to your insurance policy is called a:

Insurance can protect:

A job that matches up with your interests/values will usually lead to a more fulfilling career.

What can you do to improve your chance of finding a successful job?