Financial Education News

Step 1 of 6 - Question 1 16% URLThis 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 Fewer Maintenance Costs Equity Tax Benefits Which is not an advantage of renting a home?(Required) Tax benefits Freedom Cost Efficiency Equity What is the principal on your mortgage?(Required) The fee for borrowing money ...

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) SEP IRA 401(k) Roth IRA Social Security Tax-Free Withdrawals: What's special about a Roth IRA compared to a Traditional IRA?(Required) You can withdraw tax-free contributions in retirement ...

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. Why is compound interest considered to be powerful?(Required) You earn interest on both your deposit and the interest it has already earned You earn interest only on your original deposit You pay interest instead of earning it It makes your money shrink over ...

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 ...

Costs and Benefits of Renting vs. Buying a Home Everyone has to have a place to live, and that means one of two things: renting or buying. Even in the best of times, this is a tricky issue, and the housing market can fluctuate so rapidly that it may seem challenging to make an informed choice. Here are a few considerations to ponder, to assist you in making this decision in the future.   Jump to Quiz SECTION 1: Renting vs Buying Expand Renting: What are the pros and cons of renting? Cost Efficiency - Depending on interest rates, renting ...

The Importance of Planning for Retirement Retirement marks a time in your life when you stop working, usually because of your age or perhaps simply due to personal preference. At this point, you will need to depend on savings, pensions or various types of income to maintain your lifestyle. Developing a retirement plan will help you guarantee that you do not outlive your financial resources. Jump to Quiz SECTION 1: Why Planning and Saving for Retirement is Important Expand A. Costs You Will Have in Retirement Living Expenses - Living expenses may include housing, food, utilities, transportation, clothing, health care, ...