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EverFi Module 4: Consumer Skills
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EverFi Module 4: Consumer Skills
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25 Questions

1. Which forms of payment is linked to a bank account which limits the amount of money you can spend to balance your account?

2. Which fact supports the idea that renting is a good option for living in a place for a short period of time?

3. Which payment option can offer additional security like fraud protection?

4. Which payment option takes money out of your bank immediately?

5. What is one of the best ways to get reliable information about a product?

6. What are possible red flags or signs of a scam when buying a car?

7. Which example shows an advantages of owning a car over leasing one?

8. How is a post from a social media influencer different than a comment from a regular consumer?

9. Which of the following is NOT an advantage of owning a car?

10. Making a good purchasing decisions requires _______

11. How is an advertisement different from a comment from a regular consumer?

12. Which of the following is NOT a useful strategy when making an informed purchase?

13. Which housing option gives you more freedom and more responsibility?

14. What is the best reason for why someone would want to lease a house instead of buy one?

15. How does a consumer know whether a purchase may be a good deal?

16. When making a large purchase, you should avoid everything EXCEPT ___________

17. Which of the following is NOT be a warning sign of a scam when buying a car or other big purchase?

18. Which forms of payment is linked to a bank account which limits the amount of money you can spend to balance in your account?

19. Why is figuring out the unit price of something useful when shopping?

20. The price of a single item within a group of items is known as the _______ of the item

21. Leasing a car may be a better option than buying a car if...

22. A pack of 24 pencils is more expensive than 12 pencils, but why could buying the 24 pack be the better deal?

23. Which payment option is not accepted online?

24. Which method of payment actually is a form of borrowing money that needs to be paid back later?

25. Which payment option could have interest charged to you?

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