Financial Education News

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. The main reason to provide charitable giving is for the tax write-offs.(Required) True False Which of the following is generally considered the largest source of charitable giving in the United States?(Required) Bequests (gifts made through wills or trusts) Individuals Corporations Foundations Which of ...

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. What is Chapter 7 bankruptcy also called?(Required) Debt Consolidation Liquidation Reorganization Wage Earner's Plan Experts agree that it's best to keep the utilization rate on your credit card below 30%. What's a utilization rate?(Required) Your FICO score The percentage of available credit you're ...

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. What is it called if you're betting on the margin of victory in a football game?(Required) Money line Proposition Over/Under Point Spread Problem gambling may result in wasted time and reduced productivity in the workplace. Which of these concerns are regarded as irresponsible ...

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. If you have to go to the doctor for a strange illness, what kind of insurance will you need?(Required) Travel insurance Car insurance Health insurance Pet insurance Which of these is not a common type of personal insurance?(Required) Rental Insurance Pet Insurance Travel ...

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. Which is not an advantage of buying a home?(Required) Stability Equity Fewer Maintenance Costs Tax Benefits Which of these might not be covered in a lease agreement?(Required) Home decor Rent Pets Security deposit Which is not an advantage of renting a home?(Required) Tax ...

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) Unexplained financial activity Unfamiliar accounts or loans Drastic drop in credit score Rate hikes on a variable loan Which is not an example of consumer fraud?(Required) False promises Illegal business transactions Adjustable interest rates Inaccurate ...

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 normal rate of interest?(Required) Promotional Fixed or variable Good behavior Purchase Which is a good practice when shopping online?(Required) Buy at the first place you find that's offering the product you wish to purchase If something looks too good ...

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. Revolving Credit: Which borrowing product lets you charge purchases up to a limit and only pay interest on what you owe each month?(Required) Student loan Credit card Mortgage Car loan Federal Student Loans: Which source offers student loans with low, fixed interest rates ...

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. Retirement for the Self-Employed: If you are self-employed and want a retirement plan that can be used for the employee and employer, which one will meet your needs?(Required) SEP IRA Company-sponsored 401(k) Traditional IRA Social Security Rising Costs in Retirement: Which expense is ...

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. You're 60 and getting ready to retire. Which investment mix is safest for steady income?(Required) Bonds, fixed annuities, and savings accounts Only precious metals Mostly stocks and mutual funds Mostly high-risk tech start-ups Why have an emergency fund?(Required) To buy video games anytime ...

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. Home-Loan Help: Which financial service provider specializes in helping people get loans to buy a house?(Required) Brokerage firm Mortgage company Credit union Bank Deposit Insurance: If a bank fails, which agency steps in to protect depositors up to a standard maximum amount?(Required) NCUA ...

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 can happen if you spend more than you have in your bank account?(Required) The bank will forgive the mistake once You'll owe overdraft fees or an insufficient funds charge Your account balance automatically resets You earn bonus interest What do you usually ...

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. Which of these is mostly paid for by federal (national) tax dollars?(Required) State-run public universities Local library programs National defense and Social Security Your town's playgrounds Which tax is automatically taken out of your paycheck to fund Social Security and Medicare?(Required) Sales tax ...

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. SMART Goals: What does SMART stand for?(Required) Special, Meaningful, Action-based, Realistic, Timed Strategic, Motivated, Accurate, Reasonable, Thorough Simple, Manageable, Achievable, Reliable, Thoughtful Specific, Measurable, Attainable, Relevant, Time-based FAFSA Purpose: Why do students fill out the FAFSA form?(Required) To register for college classes To ...

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 ...