Personal Money Service Quiz

Beschreibung

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/
British Princess
Quiz von British Princess, aktualisiert more than 1 year ago
British Princess
Erstellt von British Princess vor etwa 6 Jahre
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Zusammenfassung der Ressource

Frage 1

Frage
Which of the following threatens your wallet the most?
Antworten
  • Getting a coffee at the coffee shop
  • Having no budget
  • Borrowing money to buy a car

Frage 2

Frage
When applying for a store credit card, how do you know if you’re approved?
Antworten
  • From your outfit
  • Based on your credit score
  • From the amount of money you spent in the store

Frage 3

Frage
What’s a good FICO credit score?
Antworten
  • In the 500s
  • In the 600s
  • In the 700s

Frage 4

Frage
What does a phisher require?
Antworten
  • Personal and financial details
  • A date
  • Academic records

Frage 5

Frage
If you’ve been a victim of credit card fraud, how much do you owe in the end?
Antworten
  • The total bill
  • $500
  • $50

Frage 6

Frage
What's the key difference between a Roth IRA and Traditional IRA?
Antworten
  • 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.

Frage 7

Frage
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?
Antworten
  • 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

Frage 8

Frage
How much money should go into the emergency fund?
Antworten
  • 3% of the salary
  • 3-6 months worth of income
  • Nothing

Frage 9

Frage
How do you know if you’ve been a victim of credit card fraud?
Antworten
  • You receive someone else’s mail
  • You receive someone else’s bills
  • You receive spam mail

Frage 10

Frage
How to start building the credit score?
Antworten
  • 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
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