balancing daily life everfi quizlet

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• You have auto insurance with a $700 deductible. John has found an apartment he really likes, but he can only afford about 60% of the monthly rent. Change online account passwords frequently. • Credit cards • Debit cards • Payday loans • Cash advances, Which of the following payment types require you to pay upfront? It helps you to balance your risk across different types of investments (correct answer). Pay the full balance each month. (correct answer). (correct answer), When you buy a ____ , you are loaning money to an organization. Balancing Life Balancing Life This lesson focuses on the soft skills of balancing life through the experience of higher education. Learn vocabulary, terms, and more with flashcards, games, and other study tools. ... Savings accounts may require you to maintain a minimum balance to avoid paying a fee. • Index fund • Stock • Mutual fund • Bond, Which of the following correctly orders the investments from LOWEST risk to HIGHEST risk? • Call the store where the purchase was made and ask them to remove the charge. • the investment is high‐risk, and will its price will increase quickly. (correct answer), The return on investment (ROI) from education is typically the highest for: • A high school graduate • A college applicant • Someone with a 2‐year (Associate) degree • Someone with a 4‐year (Bachelor’s) degree, Someone with a 4‐year (Bachelor’s) degree (correct answer), Which loan type requires you to make loan payments while you’re attending school? • Payday loan • Federal Student Loan • Private Loan • Both A & B, The Federal Application for Student Aid (FAFSA) form: • must be completed by your guidance counselor • can be submitted on online or by mail • can only be filled out by U.S. citizens • is used to apply for private loans, can be submitted on online or by mail (correct answer), You are looking for ways to pay for your higher education costs. Keys to your future everfi lesson 1 my life goals answers Keys to your future everfi lesson 1 my life goals answers John would like to move from the suburbs into the city, but the rent in the city is very high. • Prevent unfair or deceptive business practices. • To help investors earn a higher rate of return • To raise money to grow the company • To distribute the risk of bankruptcy across more investors • To increase investor awareness of the company, To raise money to grow the company (correct answer), How can investors receive compounding returns? However, they can lack direct customer service. As you may know, people have look numerous times for their favorite books like this answers to quiz 2 on everfi, but end up in malicious downloads. An arrangement to receive cash, goods, or services now and pay for them in the future. I. • A portfolio made up of 40% mutual funds, 40% Treasury bonds, and 10% stocks. • Stocks are a more reliable investment; bonds tend to be more volatile. Learn vocabulary, terms, and more with flashcards, games, and other study tools. C. Account 3: Interest rate 2%, interest compounded monthly. We need to do a better job of putting ourselves higher on our own 'to do' list." • Unsubsidized federal loan • Subsidized federal loan • Both A & B • Neither A nor B, Jim is in the market for a car, but he’ll probably only need it for a couple of years. Which action will be least helpful if you’ve been the victim of identity theft? – Transferring money into his checking account each month. Shred them in a paper shredder. (correct answer), You have an insurance policy with the terms listed below. • Throw them out in a neighbor’s trash. • Both A & B, The best way to ensure the accuracy and safety of your accounts is to: • Monitor your online accounts regularly • Shred your paper account statements weekly • Balance your checkbook annually • Call your customer service center daily, Which of the following represent typical account fees? • Close all bank accounts associated with that credit card. Learn vocabulary, terms, and more with flashcards, games, and other study tools. It requires your attitude and discipline to make it happen. Achieving balance in your life starts with your personal choice and decision to change the way you live your life. answer. Plastic cards used to pay for purchases with funds you have in a bank account. (correct answer), Identity thieves can use your personal information to: • Open a credit card • Sign up for electricity service • Get a cell phone contract • All of the above. • Simple savings account • Certificate of Deposit (CD) • Checking account • All of the above, Which of the following is generally true about savings vehicles? • To help you calculate how much money you have in your account • To keep an estimation of how many checks you write • To find out which checks you have bounced • To stop identity theft from occurring, To help you calculate how much money you have in your account (, What part of a check is the LEAST important? Creative RF / Getty Images. (correct answer). • Withdraw your money from all accounts. • Prevent consumers from buying unnecessary items. In which of the following scenarios will you be entitled to pay the least amount of money out-of‐pocket for medical expenses? a small plastic card issued by a bank, business, etc., allowing the holder to borrow money to purchase goods on credit, Annual percentage rate; the annual rate of interest that is charged for using credit, when someone cashes a check and the account does not have the amount in the bank. Keys To Your Future is a career and college readiness program to help educators prepare high school students for a variety of post-secondary options and the workforce. The safest action to take if someone claiming to be from your bank calls you to ask for account information is to: • Pull up the bank website and compare information. • car; increase • car; decrease • house; increase • house; decrease, Renting provides _________ flexibility but can lead to _________ costs in the long-‐term. Which of the following options will require you to pay back any money you receive? QUIZ NEW SUPER DRAFT. • Contact the credit card company to report the fraudulent charge. Verse Concepts. • You use a small amount of your available credit. Review your recent credit card statements. • Treasury bond − Stock − Diversified mutual fund • Stock − Treasury bond − Diversified mutual fund • Treasury bond − Diversified mutual fund – Stock • Diversified mutual fund − Treasury bond − Stock, • Treasury bond − Diversified mutual fund – Stock (correct answer), Which of the following is generally true about 401(k) and 403(b) retirement plans? Accounts designed to let you set aside money that is separate from your checking account. a year ago. How much should you expect to pay the insurance company each month for coverage? (correct answer), Which action is LEAST important to maintaining a healthy credit score? • The maintenance costs for a leased car are generally higher. (correct answer). If an investment is considered “volatile”, it means… • the investment will experience rapid growth over time. A sum paid or charged for the use of money or for borrowing money, interest earned on both the principal amount and any interest already earned, The number of compounding periods in one year. • Paying the minimum • Missing a credit card payment • Paying off the full balance • Cashing in on rewards points, Missing a credit card payment (correct answer), If you are planning to carry a large balance on your credit card, which of the following credit card features should you look for? • Keep most of your savings in your checking account • Put aside money for savings each month • Choose the savings account with the lowest interest rate • Putting anything you can’t afford on your credit card, Which of the following is a unique feature of credit unions? • Closing out old credit cards • Paying off your credit card bill • Using a large portion of your credit limit • Opening a new savings account, Paying off your credit card bill (correct answer), How many free credit reports are you legally entitled to each year? • Ask the caller to explain the account information they need in more detail. • Grants • 529 plans • Federal student loans • Scholarships, Your sister is starting 9th grade next year and is thinking about going to college. • The amount of interest you must pay the credit card company • The required minimum payment to your credit card company • A way to track your incoming and outgoing purchases • The amount of money you still owe to the credit card company, The amount of money you still owe to the credit card company (correct answer), Which of the following is NOT a common credit card fee? • Stocks allow investors to own a portion of the company; bonds are loans to the company. • the value of the investment may be hard to predict. – Compounding 1 time a year – Compounding 4 times a year – Compounding monthly – Compounding daily. • Fill out her FAFSA form • Sign up for college admission exams • Start applying for grants & scholarships • Look for school clubs & organizations she’s interested in, Look for school clubs & organizations she’s interested in (correct answer), After you send in your FAFSA form, what will you receive back? – Checking account – Savings account – Certificate of Deposit – Exchange Traded Fund, What’s the best strategy for avoiding ATM fees? The work-life balance definition sets out to achieve an ideal balance between a person’s working life and private life. • Hang up and call back using the bank’s official phone number. • Contact your bank and credit card companies. We have discovered that maintaining a healthy life balance is not only essential for happiness and well-being; it can be a tremendous boost to your productivity and career or business success as … When it comes to maintaining a healthy weight for a lifetime, the bottom line is – calories count! simple interest daily. a number assigned to a person that indicates to lenders their capacity to repay a loan. The greater the potential risk, the greater the potential return. The car can be resold later to make some money back. One reason to buy a home instead of rent a home is: • Homes have the potential to appreciate in value over time. • Shred them in a paper shredder. • It can impact how much you will have to pay for college. Work-life balance cannot be successful without effective priority setting. • You can only get federal student loans if you demonstrate financial need. We have compiled a list of dozens of questions and answers for you. • greater; lower • greater; higher • less; lower • less; higher. Everyone has the same feelings and imposter syndrome - Distinct needs compared to students who have family members who have attended college - Use the support systems and affinity groups to help assimilate - Cultural and social capital needed to find ways to be successful (correct answer), What is the primary reason to issue stock? • Use only local public access Wi‐Fi. Edit. • Buying a home requires less money upfront. • income tax • capital gains tax • sales tax • property tax, Your auto insurance policy has a $200 monthly premium and $700 deductible. Rent the apartment with a roommate. On this page you can read or download everfi module 3 final test quizlet answers in PDF format. • Credit cards • Cashier’s checks • Prepaid cards • Payday loans, Which of the following MOST influences your credit score? handle on the the various elements in your life and don’t feel that your heart or mind are being pulled too hard in any direction. Start studying econ everfi. Learn ways to set priorities on the things that matter most and to say "no" to the things that matter least. • The time period between graduating college and starting your first job when you don’t have to pay back student loans • The period after graduating or leaving school before you must begin paying back student loans • The amount of time you have to pay back your entire student loan amount – None of the above, The period after graduating or leaving school before you must begin paying back student loans (correct answer), Which of the following loans will typically offer the lowest interest rate? – Compounding 1 time a year – Compounding 4 times a year – Compounding monthly – Compounding daily, To earn as much interest as possible, you should open a savings account that earns _______ interest and has the ______ interest rate. (correct answer). • One credit report each year • Three credit reports each year • One credit report from each credit bureau • Three credit reports from each credit bureau, One credit report from each credit bureau (correct answer), All of the following make up the big three credit reporting agencies EXCEPT: • Federal Reserve • Experian • Equifax • TransUnion. • Purchase a home in the city center instead. • You pay all your bills in cash. Which of the following statements about credit scores is TRUE? • A portfolio made up of 60% stocks, 30% mutual funds, and 10% Treasury bonds. ... july 2015 life sciences assignment; Start studying EVERFI STUDY GUIDE. The Caloric Balance Equation. • Certificate of Deposit • Money Market Account • Checking Account • Both A &B, John just opened a savings account and wants to maximize the amount of interest he earns. a loan where a borrower gets a cash advanced based on his paycheck. You have health insurance with a $500 deductible. • They are plans offered through employers • They offer some tax benefits • They restrict when you can withdraw your money • All of the above, Everfi Modules 1, 2, 3, 4, 5, 6, 7, 8, 9 Final Quiz Questions and Answers Flashcard, Everfi Financial LIteracy- Module 5 - Higher Education - Final Quiz Questions and Answers, Free online plagiarism checker with percentage. Someone may choose to own a car instead of leasing because: • The car can be resold later to make some money back. • Make on‐time payments • Check your credit report annually • Know your exact credit score • Fix inaccurate information on your credit report, Know your exact credit score (correct answer), When referring to student loans, what is a grace period? EVERFI empowers educators to bring real-world learning into the classroom and equip students with the skills they need for success – now and in the future. (correct answer), Having a low credit score can make it more difficult to: • Obtain a car loan • Open a new credit card • Secure an apartment lease • All of the above. • Some states don’t collect income tax, Taxes at the local, state and federal level are all equal (correct answer), Insurance can help you: • minimize monthly expenses • protect against unexpected accidents • reduce the chances of getting into an accident • cover all out‐of‐pocket costs, protect against unexpected accidents (correct answer), When starting a new job, the form you complete to determine how much tax to withhold from your paycheck is the _______. • By selecting a savings account that has a higher interest rate • By investing their earnings back into their original investment • By transferring their earnings into a high‐risk investment • By diversifying their investment portfolio, • By investing their earnings back into their original investment (correct answer). • Drivers who travel long distances • Drivers who have safe driving records • Older, experienced drivers • Young, inexperienced drivers, Young, inexperienced drivers (correct answer). • Cash receipts • Paycheck stubs • Pre-approved credit card offers • Old tax records. • You forgot to pay the cable bill. • the value of the investment may be hard to predict. If you don't see any interesting for you, use our search form on bottom ↓ . He has a short commute to work, so he won’t be putting many miles on his vehicle. • Avoid emails from people who do not like you. • You send in your credit card payment a couple days late. Homes have the potential to appreciate in value over time. Start studying Everfi Modules 1-4. retail banks that operate only on the internet. Everfi Test Answers » Verified by Quizzma Experts Download everfi payment types answer key final quiz document. EVERFI's Social Impact Index offers courses in topic areas that address 12 of the most important life skills to drive an ecosystem of change in life and Hang up and call back using the bank’s official phone number. • Provide only your name and account number. – Only use ATMs close to your house – Only use ATMs to withdraw cash – Only use ATMs in your bank’s network – Only use ATMs you have used before, What’s the purpose of balancing or monitoring your checking account? When it comes to investing, what is the typical relationship between risk and return? • Buying a home is a more flexible housing option. • 1040 EZ • 1099 • W-2 • W-4, When you purchase an item in a store, you may be charged __________. Job 37:16. • School personnel who want to have it on record. • memo line • signature line • routing number • The check number, Savings accounts usually offer _________ interest rates than checking accounts. It is a concept in which the maximum happiness of an employee acts as the fuel for productive and fulfilling work, for which both employer and employee are responsible. More often • Late fee • Annual membership fee • Balance transfer fee • Minimum payment fee, What payment type can help you stick to a budget? Everfi PF Module 1. lphillip. 9 Bible Verses about Balance In Life ... A false balance is an abomination to the Lord, But a just weight is His delight. • Rent the apartment anyway. (correct answer). Save. 4. Three out of five U.S. school districts use EVERFI’s digital resources to teach topics like financial education, social emotional learning, and career readiness. • Money order • Cashier’s check • Prepaid card • All of the above, The annual percentage rate on a credit card determines: • The amount of interest you are charged on credit card purchases • The amount your credit limit can go up within a year • How many credit cards that you can own • None of the above, The amount of interest you are charged on credit card purchases (correct answer), Which of the following can increase your credit card’s APR? Rate 1 %, interest compounded daily Q. Tamara has $ 500 she is looking to save for specified. Cashier ’ s official phone number cookies to give you the best to... That pays • Protect consumers from spending too much money much money a driver ’ official. Out-Of‐Pocket before your insurance covers your costs relationship between risk and return – calories count assigned to person! 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