This account offers a convenient way to pay bills and access cash from an ATM

This account pays you interest on money you have put away for later to help your money grow

This account is automatically debited when you use a debit card

This account typically allows an unlimited number of transactions per month.

Your credit card company covers the cost

It is deducted directly from your checking account

Your credit card company provides you with a cash advance to cover the cost

It is deducted directly from your savings account

Writing your monthly rent check which you will mail tomorrow

Using your debit card to pay for groceries at the supermarket

Using your credit card to pay for your school books

Depositing a check at a local bank branch

Optional coverage consumers can purchase so that their bank deposits remain safe

Insurance bank branches can buy to protect their business against fraud and scams

Required if you want to do online or mobile banking

Protection for bank customers' deposits up to $250,000, guaranteeing their money is still available if the bank goes out of business

Easy access to funds for daily transactions

Unlimited check writing privileges

Higher interest rates on deposits

Lower minimum balance requirements

Multiple options for using funds to make payments

Checking accounts act as a good savings vehicle

Access to cash via ATMs

Your money is protected by FDIC insurance

Your account will be closed

You will likely be charged an overdraft fee for one or more of the transactions and also will need to repay the bank for the amount overdrawn

Since you requested overdraft coverage, the bank will not allowed you to overdraw your account so your debit card will be denied

The bank will provide you five days to add funds to your account to cover the overdraft and no fees will be assessed

1. Your account will be closed

1. You will likely be charged an overdraft fee for one or more of the transactions and also will need to repay the bank for the amount overdrawn

1. Since you declined overdraft coverage, the bank will not allow you to overdraw your account so your debit card will be denied

1. The bank will provide you five days to add funds to your account to cover the overdraft and no fees will be assessed

1. Maintain a minimum balance

1. Set up monthly direct deposits

1. Have a checking and savings account at the same bank

1. Choose paperless statements

1. Wait until her monthly statement arrives so she can check to see if those withdrawals are still there

1. Wait a week as it is fairly common for the bank to catch mistakes like this

1. Check her wallet to be sure her debit card has not been stolen.  If she still has it, then she should not worry.

1. Contact her bank immediately as it appears that her account may have been hacked

1. Once you set up online banking, your bank will waive overdraft, ATM, and monthly fees

1. Using online banking allows you to earn a higher interest rate

1. Using online banking, you can request transfers, pay bills and automate your savings without visiting the bank branch

1. You can only shop online if your bank account has online banking features

1. They are a good choice to use for student loans

1. If the borrower does not make payments, the lender can repossess the item

1. In the event of default, the borrower loses nothing except for the down payment

1. They usually have higher interest rates as compared with unsecured loans

1. Far more businesses accept credit cards than debit cards

1. Credit cards pull money directly from your bank account, while debit cards get their money from Visa or Mastercard

1. Credit card companies provide you with a monthly statement, while debit cards do not

1. With debit cards, you're spending your own money at point of sale, but with credit cards, you're getting a loan that you need to pay back later

1. All 3 cards are completely different

1. Debit cards and prepaid debit cards are the same

1. Debit cards and credit cards are the same

All 3 cards are completely the same

1. If you make the minimum payment on your card within the 25 day period, the credit card company will not charge you interest

1. If you pay your previous balance in full after the due date, the credit card company will not charge you interest

1. 25 days is an exceptionally long period without paying a credit card bill

1. The 25 days after the end of the billing cycle is referred to as the grace period

1. You owe the same payment every month

1. You must have money deposited into a checking account to use the credit card for purchases

1. Making full payments on-time every month is the only way to avoid interest charges

1. They do not charge interest

1. Every time you pay extra, the lender will reduce the interest rate they're charging by a small amount

The extra payment will be applied to the principal amount you owe, which will pay down your debt more quickly

1. The extra payment will be applied to the interest you owe, which will reduce the overall cost of your loan

1. Amortized loans typically have much higher interest rates than credit cards, so they're the best place to put your extra cash

1. Constant, Increases, Increases

1. Constant, Decreases, Increases

1. Variable, Decreases, Increases

1. Variable, Decreases, Decreases

1. higher, less

higher, more

lower, less

lower, more

1. A student loan

1. A credit card

1. A prepaid debit card

1. An auto loan

1. Find an extra source of income by taking a second job, working longer hours, or borrowing from family if they can afford to help

1. Stop making payments on some of your debts so you can focus on getting the most expensive or largest debts under control

1. Continue making all payments and call your lenders and see if you can negotiate lower monthly payments, lower interest rates, or longer terms

1. Explore whether a free or non-profit credit counseling service could help

1. Put in $0 for your down payment, and choose a loan with a short term length

1. Put in $2500 for your down payment, and choose a loan with a short term length

1. Put in $3500 for your down payment, and choose a loan with a long term length

1. Put in $5000 for your down payment, and choose a loan with a long term length

1. Bargaining for a great sales price

1. Receiving a large down payment

1. Qualifying for a low interest rate

Having a wide selection of term lengths

1. Reducing spending by canceling some of her streaming subscriptions

1. Taking extra shifts at work to increase her income

1. Making more than the minimum required payment on her debt

Applying for another credit card to use in case she runs out of cash paying off her debt

1. Snowball method

1. Make minimum payments

1. High rate method

1. Consolidate multiple debts into one new loan

1. Only make payments on your smallest debt first, then move on to your second smallest debt, and so on

1. Once your debt "snowballs" out of control, hire a certified credit counselor to help get your finances back on track

1. Make the monthly minimum payments on all your debts, and then put any extra cash toward the debt with the highest balance

1. Make the monthly minimum payments on all your debts, and then put any extra cash toward the debt with the lowest balance

Wages or tax refunds can be garnished

1. Passport revocation

1. Driver’s license suspension

Termination from your job

1. Credit reporting agencies (Equifax, Experian and TransUnion)

1. Federal government

1. Consumer Financial Protection Board (CFPB)

Lenders

Your preferred payment method to pay for fixing the error

1. A list of all of your financial accounts and balances

1. An explanation of the mistake and any evidence you have supporting your claim

1. References from a non-family member vouching for your creditworthiness

1. Salary of your current job

1. Payment history of your car loan

1. Credit card payment history

1. Student loan activity

1. Payment history and types of accounts

1. Amounts owed and length of credit history

1. Payment history and total debt

1. Length of credit history and new credit inquiries

1. Only consumers with high scores are approved for credit

1. Consumers with low scores get lower interest rates on loans than those with high scores

1. Your credit score can determine whether you are approved for a loan and what the interest rate on that loan will be

1. It generally has no impact on your financial situation

1. Paying your bills on-time

1. Paying down balances on your credit card accounts

1. Decreasing your utilization of credit

1. Applying for multiple credit cards

1. Social Security

Medicare

1. 401(k) contribution

1. Federal income taxes

1. Determine how much tax to withhold from her paychecks based on W-4 information 

1. Complete a W-4 form

1. Send withholding amounts to the federal government

1. Complete a W-2 form

1. I-9

1099

1040

W-4

They will receive a refund

They will owe a payment to the IRS

They will be audited

They will be charged with tax evasion

1. A W-2 lists all the money you earned in cash over the last year

1. The total wages you earned from ALL jobs you worked in the previous year appear on ONE W-2 form

1. You need a separate W-2 form from EACH of your employers in order to file your taxes

1. The W-2 includes information about the interest you earned from your investments

1. When you turn 18

1. When you get a full-time job (part-time does not count)

1. When you make more than the minimum income requirement

1. When you are notified by the IRS that you are required to pay federal income taxes

1. How much income did you earn this year?

1. What type of income did you earn this year?

1. What state do you live in?

1. Are you claimed as a dependent on anyone else's tax return?

1. A child or adult that you support financially

1. Someone who is temporarily disabled

1. An adult who financially supports you

1. Someone who is a full-time student under the age of 30

1. Janet, who earned $28,200 but was paid entirely in cash

1. Max, whose total income from three separate part-time jobs was $9,500

1. Isaiah, who owns his own business and generated an income of $7,000

1. Dani, who is a cafe barista and earned $13,000 in wages and $1,250 in tips

1. Making a mistake will disqualify you from receiving future refunds

1. The 1040 form determines whether you owe additional taxes or are entitled to receive a refund from the government

1. Completing the 1040 incorrectly will mean the wrong amount of taxes will be withheld from your paychecks going forward

1. Mistakes on your 1040 form make you ineligible for employment during the next year

1. Withholding

Direct deposit

Deduction

Refund

1. Filing your taxes using a website is always free of charge

1. You are guaranteed a higher refund than if you were to use a paper form or hire a professional

1. If you owe money to the IRS, you receive a discount if you e-file use a tax filing website

1. You can avoid the costs of having to pay a professional, though you may have to pay for e-filing online