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Wise Personal Finance Review
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Wise Personal Finance Review
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25 Questions

1. You need to fill out a __________ before you can start your job and a W-2 at the end of the year to file your taxes.

2. Rule 72 is the

3. What is the formula for NetWorth

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

5. Stocks: have a greater chance of

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

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

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

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

10. Which of the following are examples of Time Value Of Money

11. A person should have emergency savings for at least

12. A person pawns a watch and receives $100, a month later the person pays back 120. the $20 is consider:

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

14. Why do corporations issue Bonds

15. Pay yourself first

16. Which of the following is true about Mutual Funds

17. When Credit Card company increase your line of credit

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

19. A person has a balanced budget when

20. What is True about whole life insurance:

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

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

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

24. You are opening a savings account that earns compound interest. Which compounding frequency will earn you the MOST money?

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

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