Financial Education News

Step 1 of 6 - Question 1 16% CommentsThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. Which of these items should not be donated?(Required) Volunteer Work Money Personal Property Stolen Goods Why do individuals participate in charitable giving?(Required) Longer lifespan and better physical health Emotional gratification All answers are correct Enhanced self-esteem Which of the following is generally considered ...

Step 1 of 6 - Question 1 16% FacebookThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. What is Chapter 7 bankruptcy also called?(Required) Reorganization Wage Earner's Plan Debt Consolidation Liquidation It's better to file for bankruptcy without the help of a lawyer.(Required) True False Experts agree that it's best to keep the utilization rate on your credit card below ...

Step 1 of 6 - Question 1 16% NameThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. Problem gambling may result in wasted time and reduced productivity in the workplace. Which of these concerns are regarded as irresponsible conduct?(Required) Poor work quality All answers are correct Missed deadlines Absenteeism What is it called if you're betting on the margin of ...

Step 1 of 6 - Question 1 16% FacebookThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. If you have to go to the doctor for a strange illness, what kind of insurance will you need?(Required) Health insurance Car insurance Pet insurance Travel insurance Which of the following is not a method to obtain insurance?(Required) Private Purchase Employer Inheritance Government ...

Step 1 of 6 - Question 1 16% CommentsThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. What kind of agreement do you sign to live in a house you do not own?(Required) Mortgage Purchase Order Lease Non-disclosure What is the principal on your mortgage?(Required) Fees you pay toward your homeowner's association The fee for borrowing money from your lender ...

Step 1 of 6 - Question 1 16% LinkedInThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. Which is not a sign of identity theft?(Required) Drastic drop in credit score Unfamiliar accounts or loans Rate hikes on a variable loan Unexplained financial activity Which is not an example of consumer fraud?(Required) Inaccurate claims Illegal business transactions False promises Adjustable interest ...

Step 1 of 6 - Question 1 16% InstagramThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. Which is not a normal rate of interest?(Required) Purchase Promotional Fixed or variable Good behavior What is the best way to use your credit card to increase your credit score?(Required) Make minimum payments every month Take out more than one credit card Charge ...

Step 1 of 6 - Question 1 16% LinkedInThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. Member-Owned Lender: Which credit source is owned by its members and usually offers lower interest rates?(Required) Credit union Bank Retail business Private lender Long-Term Home Loan: If you need a 15- to 30-year loan to buy a house, which product would you use?(Required) ...

Step 1 of 6 - Question 1 16% FacebookThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. Employer-Sponsored Plans: What type of retirement account could your employer provide and contribute matching funds to?(Required) Social Security Roth IRA 401(k) SEP IRA Rising Costs in Retirement: Which expense is most likely to increase as you get older and retire?(Required) Grocery bills Car ...

Step 1 of 6 - Question 1 16% FacebookThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. Why is compound interest considered to be powerful?(Required) It makes your money shrink over time You earn interest only on your original deposit You pay interest instead of earning it You earn interest on both your deposit and the interest it has already ...

Step 1 of 6 - Question 1 16% EmailThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. Banked vs. Unbanked: What do we call someone who does not have a checking or savings account at a bank or credit union?(Required) Underbanked Banked Unbanked Overbanked Member-Owned Accounts: You want lower fees and better savings rates at your local branch. Which institution ...

Step 1 of 6 - Question 1 16% CompanyThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. What do you usually need to open a checking or savings account?(Required) Cash and a cell phone number An existing credit card and a utility bill Photo ID, proof of address, and your Social Security number A friend to cosign and your birth ...

Step 1 of 6 - Question 1 16% X/TwitterThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. Which of these is mostly paid for by federal (national) tax dollars?(Required) Your town's playgrounds State-run public universities Local library programs National defense and Social Security City or county taxes mostly pay for things like police, fire departments, and road repairs. Which level ...

Step 1 of 6 - Question 1 16% PhoneThis field is for validation purposes and should be left unchanged.How would you like to take this quiz?(Required) Just practicing Track for my class Email Address(Required) Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results. Tracking Income & Expenses: You need to keep track of fixed and variable expenses. Which tool or method works best?(Required) Using an app or spreadsheet to track your spending Guessing how much you spend each month Waiting until the end of the month ...

The Impact of Local, State and Federal Taxes Taxes are mandatory payments that people and businesses must pay to the government. This money is used to pay for things we all use, like roads, schools, and public services. Paying taxes is important because it helps our communities and country work well. Jump to Quiz SECTION 1: The Importance of Paying Taxes Expand A. Types of Taxes Income Tax - This is taken from the money you earn from working or  running a business. Usually, you pay this tax once a year. Payroll Tax - Tax that is taken out of ...

The Costs and Benefits of Saving and Investing Knowing the costs and benefits of saving and investing is for making smart financial choices. It helps you build wealth, avoid unnecessary risks and prepare for your future. Jump to Quiz SECTION 1: Reasons for Saving and Investing Expand Saving and investing is one of the smartest financial habits you can build. It helps you afford major life goals without sacrificing your future financial security. Here are some key reasons: Big Purchases - Big purchases, such as buying a home, a new car or any other expensive item, requires you to set ...

Managing and Reconciling Your Financial Accounts Keeping accurate financial accounts is important for effectively managing your money, making smart decisions, and avoiding issues such as debt and financial instability. This module will outline the significance of maintaining precise financial records, methods for opening and managing checking and savings accounts, as well as explaining the benefits of balancing your records and efficiently overseeing your accounts. Jump to Quiz SECTION 1: Purpose of Maintaining Financial Accounts Expand When your financial records are accurate, you can clearly see how much money you have, how much you spend and how much you save. This ...

The Functions and Uses of Banks and Other Financial Service Providers Banks and other financial service providers help people and businesses manage their money. Here's a simple look at what they do. Jump to Quiz SECTION 1: Common Financial Service Providers Expand A. Types of financial services provided may include: Banks - Banks offer services like checking  and savings accounts, credit cards, loans, and investments. Banks also provide technology like ATMs (cash machines), mobile apps, digital wallets, and online banking to make managing money easy. Credit Unions - Credit unions are like banks, but are owned by their members. They often ...

Earning an Income and Managing it Through Budgeting Earning an income is essential for covering our basic needs and achieving our personal goals. It provides the financial means to pay for necessities like food, clothing and housing, and it allows us to save for future ambitions such as higher education, travel or purchasing a home. Income also plays a crucial role in promoting independence and self-sufficiency. It empowers individuals to make choices about their lifestyle and supports personal growth. On a larger scale, earning an income contributes to economic growth, sustains businesses, drives innovation, and enhances the overall quality of ...