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

2. Stocks: have a greater chance of

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

4. A person should have emergency savings for at least

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

6. When Credit Card company increase your line of credit

7. What happens to your Net Income If you Increases the number of Payroll exemptions on your W4

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

9. When should you Reconcile your checking acct.

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

11. Benefit of using a Debit Card not linked to overdraft

12. ____________Have a Fixed Interest rate.

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

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

15. What's the best strategy for avoiding ATM fees?

16. When the Fed lowers Interest rates it is trying to

17. What might cause the stock's price to raise on a particular day?

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

19. Financial planning allows people to

20. All effective financial goals

21. Insurance is considered shared risk

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

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

24. Rule 72 is the

25. Which of the following savings vehicles requires a high minimum balance and a penalty if you withdraw it early

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