There are three core financial relationships. What are they? Real Estate, Banking and Parents Banking, Investing, Insurance Investing, Lending, Borrowing Renting, Mortgage, Insurance

Liability insurance for my vehicle covers the following: Any collision Something that breaks my windshield The other person's vehicle if I cause the accident Medical expenses for me and my family

The best thing I can do to build my credit score is: Pay my bills on time Get a credit card and carry an open balance Never get a credit card Get a payday loan

A 401K is: Something to do with the I.R.S. A retirement plan offered by many employers A mutual fund A special type of credit account

When I select a stock to buy, I should: Call the company to make sure they are legitimate Read the 10K thoroughly Make sure I perform due diligence Ask my banker the best stock to buy

The best way to never pay an overdraft fee is: Make sure I have a credit card that provides overdraft protection Make a deal with my financial institution Keep close track of my account balance at all times Close my account if I overdraw the account

A "banking relationship" means: Dating my banker Knowing someone in my bank of a personal basis Never using an ATM Getting a credit card only from a credit union

The difference between a bank and a credit union is: A bank is where you put your money while a credit union is where you get credit. A bank is a for profit business, a credit union is a non-profit business Banks have shareholders, credit unions have members Both "B" and "C"

A budget is made up of which two items? Income and Spending Credit and Credit Management Borrowing and Paying Bills Both "A" and "C"

My auto insurance premium will increase if: I buy a red colored vehicle I get married I have children I have a lot of wrecks or tickets

"Dollar Cost Averaging" means: Averaging the dollar with the Euro and the British Pound Investing a set amount each month Only investing in average companies None of the above

An "Insurance Relationship" means: Dating an insurance agent Knowing someone in the insurance business Buying insurance from the same company as my parents Working with an insurance agent

The three credit reporting agencies are: Bank of America, Wells Fargo Bank and The National Credit Union Exchange Southwest Airlines, American Airlines and Delta Airlines Transunion, Equifax and Experian Credit International, Credit Suise, Consumer Credit Counseling

The best method of preventing ID theft is: Never get a credit card Never share any of my personal information with someone I don't know Keep my social security card with me at all times Only pay cash

I can only get a home mortgage if I have: A job A good credit score A credit history, either traditional or non-traditional A credit card

An "Investment Relationship" means: Dating a stock broker Investing only in relationships I establish Investing in mutual funds Working with an investment professional before I invest in anything

A financial institution can help me build my credit reputation by: Getting me a credit card Making me a secured installment loan Never charging me for overdraft fees Refusing to report to the credit bureaus

"Full Coverage" auto insurance means: There is no full coverage I have liability and collision insurance Both "A" and "B" Covers my vehicle regardless of its color

A sound financial plan includes the following: A credit card, a checking account and a payday loan A budget, a plan of action and good credit management An investment relationship Marrying a rich person

If I need to borrow money, the best place is: From a payday lender From a bank or credit union From someone I know From my savings account

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