Personal Money Service Quiz

Descrição

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 por British Princess, atualizado more than 1 year ago
British Princess
Criado por British Princess mais de 5 anos atrás
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Resumo de Recurso

Questão 1

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

Questão 2

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

Questão 3

Questão
What’s a good FICO credit score?
Responda
  • In the 500s
  • In the 600s
  • In the 700s

Questão 4

Questão
What does a phisher require?
Responda
  • Personal and financial details
  • A date
  • Academic records

Questão 5

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

Questão 6

Questão
What's the key difference between a Roth IRA and Traditional IRA?
Responda
  • 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.

Questão 7

Questão
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?
Responda
  • 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

Questão 8

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

Questão 9

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

Questão 10

Questão
How to start building the credit score?
Responda
  • 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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