In order to get spending under control, a person should first
A. seek help on investing from a financial planner.
B. consult a credit counseling service.
C. create a budget of current income and expenses.
D. subscribe to financial newsletters and magazines. - ✔✔C
Comparison shopping for a car is necessary because
A. each dealer sells cars with different colors.
B. lenders want to be sure consumers get the best price.
C. the price for the car can vary a great deal.
D. it is a requirement to qualify for car insurance. - ✔✔C
Financial planners generally stress the importance of starting to save and invest early because
A. a person can stop saving at age 40.
B. of the power of compounding and appreciation.
C. there are fewer bills to pay when a person is young.
D. a person will not need insurance. - ✔✔B
An important feature of a good financial goal is that the goal
A. has a specific time frame.
B. is appropriate for the person's age.
C. can last throughout the person's life.
D. will take at least ten years for the person to achieve. - ✔✔A
Purchasing power decreases and it costs more money to buy goods when there is
Category | exam bundles |
Comments | 0 |
Rating | |
Sales | 0 |