Personal Finances Answers

Income sources can include all of the following EXCEPT:A.jobsB.giftsC.rebatesD.allowances

Each of the following is an investment consideration EXCEPT:A.riskB.returnC.publicity D.liquidity

A customer willing to open an account with a large minimum balance for an extended amount of time would earn the most interest putting the money into a

Which is the best reason for saving?

The ease with which investments convert to cash determines their __________.A.valueB.liquidityC.interest rateD.conversion rate

Flexible expenses _________ from month to month.A.varyB.increaseC.decreaseD.remain unchanged

Banks pay interest to encourage people to open each of the following types of accounts EXCEPT:A.credit card B.regular savings C.money market D.certificate of deposit

Which type of account offers the highest rate of interest?A.regular checkingB.money marketC.regular savings D.certificate of deposit

When a plan is drawn up for how to spend available funds it is called a __________.A.goalB.returnC.budgetD.blueprint

Each of the following is a tip on how to shop smart EXCEPT:A.comparison shopB.impulsively shopC.set a dollar amount limit for purchasesD.save money from discounted purchases