British Princess
Quiz von , erstellt am more than 1 year ago

Take the Personal Money Service Quiz. Are you smart about money? Take the quiz and find out if you can qualify for online loans with monthly payments online. Find out more info about loans at https://personalmoneyservice.com/choose-online-loans-with-monthly-payments/

28
0
0
British Princess
Erstellt von British Princess vor etwa 6 Jahre
Schließen

Personal Money Service Quiz

Frage 1 von 10

1

Which of the following threatens your wallet the most?

Wähle eine der folgenden:

  • Getting a coffee at the coffee shop

  • Having no budget

  • Borrowing money to buy a car

Erklärung

Frage 2 von 10

1

When applying for a store credit card, how do you know if you’re approved?

Wähle eine der folgenden:

  • From your outfit

  • Based on your credit score

  • From the amount of money you spent in the store

Erklärung

Frage 3 von 10

1

What’s a good FICO credit score?

Wähle eine der folgenden:

  • In the 500s

  • In the 600s

  • In the 700s

Erklärung

Frage 4 von 10

1

What does a phisher require?

Wähle eine der folgenden:

  • Personal and financial details

  • A date

  • Academic records

Erklärung

Frage 5 von 10

1

If you’ve been a victim of credit card fraud, how much do you owe in the end?

Wähle eine der folgenden:

  • The total bill

  • $500

  • $50

Erklärung

Frage 6 von 10

1

What's the key difference between a Roth IRA and Traditional IRA?

Wähle eine der folgenden:

  • Roth IRAs and Traditional IRAs are both taxed

  • Roth IRAs include stocks and Traditional IRAs don’t

  • In case with Roth IRAs, you pay taxes before putting the money in the account - With Traditional IRAs, you pay taxes when you taking money in retirement.

Erklärung

Frage 7 von 10

1

Your savings account’s interest rate is 1% a year and the inflation is 2% a year.
How will the money sum change after one year?

Wähle eine der folgenden:

  • The money will stay exactly the same

  • Money in the account would buy more than today

  • Money in the account would buy less than today

Erklärung

Frage 8 von 10

1

How much money should go into the emergency fund?

Wähle eine der folgenden:

  • 3% of the salary

  • 3-6 months worth of income

  • Nothing

Erklärung

Frage 9 von 10

1

How do you know if you’ve been a victim of credit card fraud?

Wähle eine der folgenden:

  • You receive someone else’s mail

  • You receive someone else’s bills

  • You receive spam mail

Erklärung

Frage 10 von 10

1

How to start building the credit score?

Wähle eine der folgenden:

  • Get rid of the credit card in order not to make more purchases

  • Maintain the credit card balance and pay the minimum every month

  • Pay all the bills in time

Erklärung