Wise Personal Finance Review
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Avg score: 49% • Most missed: “hat happens to the Interest Rate of a 10 year bond with a 6% interest rate :”
Wise Personal Finance Review
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25 Questions

1. A person should know that investing in the stock market for over 20 years will

2. What is True about whole life insurance:

3. What's the purpose of balancing or monitoring your checking account?

4. When Opening a checking acct you have the right to

5. Which of the following savings vehicles usually requires a high minimum balance? And a penalty if you withdraw it early

6. Raising the deductible on car insurance on Collision from 200 to 400 Causes the premium to

7. There are Fixed and Variable expenses , which expenses are variable

8. Savings accounts usually offer higher or lower interest rates than checking accounts.

9. ____________Have a Fixed Interest rate.

10. is your Income before taxes are taken out of your check.

11. What is the formula for NetWorth

12. hat happens to the Interest Rate of a 10 year bond with a 6% interest rate :

13. ___________ insurance is cheaper because it's for a limited time or term

14. Already have 2 winter jackets , but want to buy one on sell at 50% off, what consumer spending strategy

15. Pay yourself first

16. How long does bankruptcy stay on your credit report for

17. Form of payment that is as good as cash and guaranteed

18. List the assets that are the most liquid to least liquid

19. Insurance is considered shared risk

20. A person has $2000 to save and believes interest rates are going to go down

21. Stocks: have a greater chance of

22. All effective financial goals

23. Which of the following is true about Mutual Funds

24. A person has a balanced budget when

25. Typical pay Higher interest rate on loans and charge lower fees

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