Financial Education News

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. Which of these items should not be donated?(Required) Money Personal Property Stolen Goods Volunteer Work 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 ...

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. What is Chapter 7 bankruptcy also called?(Required) Wage Earner's Plan Reorganization Liquidation Debt Consolidation Which form of bankruptcy is known as a reorganization bankruptcy?(Required) Chapter 7 Chapter 11 Chapter 21 Chapter 13 Experts agree that it's best to keep the utilization rate on ...

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. You should never gamble with money meant for rent, utilities or food.(Required) True False Problem gambling may result in wasted time and reduced productivity in the workplace. Which of these concerns are regarded as irresponsible conduct?(Required) Missed deadlines Absenteeism Poor work quality All ...

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

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 the principal on your mortgage?(Required) Fees you pay toward your homeowner's association An account where money can be held by your lender to pay things like taxes and insurance premiums The amount of money you borrowed from your lender The fee ...

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. Why is it important to look out for consumer fraud and identity theft?(Required) So you don't fall victim So you can live a life of paranoia So you can catch criminals in the act So you can take advantage of it for yourself ...

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 is the purpose of interest?(Required) It lowers the principal of your loan It's the fee you pay for borrowing from a lender It shortens the term of your loan It helps raise your credit score Which is a good practice when shopping ...

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. Revolving Credit: Which borrowing product lets you charge purchases up to a limit and only pay interest on what you owe each month?(Required) Car loan Student loan Credit card Mortgage Long-Term Home Loan: If you need a 15- to 30-year loan to buy ...

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. Power of Starting Early: Why does saving for retirement at age 25 usually grow more than starting at age 45?(Required) You'll earn a higher salary later You learn money skills sooner Taxes are lower when you're young Compound interest has more time to ...

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. Why have an emergency fund?(Required) To upgrade your phone every year To show off to friends To buy video games anytime To pay for surprise car repairs or medical bills Which choice gives you higher interest than a savings account, but locks up ...

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. Borrow-Now, Pay-Later: Which product lets you buy something now and pay it off later, often with interest if you don't pay the full balance each month?(Required) Savings account Debit card Credit card Checking account Banked vs. Unbanked: What do we call someone who ...

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

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 buy a $20 video game at a store. Which tax do you pay at checkout?(Required) Payroll tax Property tax Sales tax Income tax City or county taxes mostly pay for things like police, fire departments, and road repairs. Which level of government ...

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. FAFSA Purpose: Why do students fill out the FAFSA form?(Required) To register for college classes To apply for a car loan To see if they qualify for federal and state financial aid for college To authorize a credit check Tracking Income & Expenses: ...

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 ...