WorksheetsRamsey Certification
Total questions: 10
Worksheet time: 20mins
Student loans are dangerous because they can _____ your options on what you want to do in life
Eliminate
Increase
Limit
None of the above
An agreement in which a policy holder transfers the financial risk for potential losses to another party in exchange for a fee
401(K)
Deductible
Insurance Policy
Savings account
A federally recognized, tax-exempt organization such as a church, hospital, charity, or school that serves the public in some capacity is called a(n)
Trust building
Nonprofit Organization
Federal Building
Tax-free organization
A fee that a bank, credit card, or other lender charges for the opportunity to purchase something and pay for it over time
Finance rate
Dividend
Interest
Credit
Saving is for the _________-term; investing is for the __________-term
Short; Long
Long; Short
Mid; Final
Loan; Interest
The total amount an employee is paid along with any non-wage benefits an employee receives is called
Tuition
Career
Withholding
Compensation
This type of expense changes in dollar amount every month. Examples include utility bills and groceries.
Variable Expense
Intermittent Expense
Discretionary Expense
Fixed expense
Which of the following is the most cost-effective way to complete your first two years of college
Public four year out of state college
Private four year college
Public two year college (community)
Public four year in state college
The biggest difference between a debit card and a credit card is
Credit cards allow you to make online purchases; debit cards do not
A debit card only allows you to use the money you already have in the bank
A credit card shows the world that you are a grown-up with money
Credit cards can be used to rent cars; debit cards cannot
A credit score is really a(n)
"I love debt" score
The only way you can be sure that you can get a mortgage loan
Reliable way to know whether or not you are winning with money
All of the above
