| Credit | Banking | Saving/Investing | Taxes |
|---|---|---|---|
|
670
This is the lowest credit score you can have to be rated "good"
|
savings account
Which typically offers higher interest rates:
savings account checking account |
3 to 6 months
The number of months worth of expenses you should have saved in your emergency fund
|
April 15th
This day is the deadline for filing your taxes.
|
|
After the credit card company is notified, your maximum liability to pay back is $50.
A thief steals your credit card and racks up $1,000 in purchases. What is the maximum amount you are liable to pay back?
|
true
True/False: credit unions typically offer lower mortgage rates than banks
|
False. Mutual funds are a safer investment.
True/False: Investing in an individual company's stock is safer than investing in a mutual fund
|
$12,000. this means that $12,000 is subtracted from your total income before your taxes are calculated.
In 2019, how much is the standard deduction for a single filer in 2019?
|
|
payment history
length of credit credit utilization (the % of credit you are using) new credit credit mix (the diversity of your debt)
Name two of the five factors used to calculate your FICO score.
|
A fee charged by banks for pulling more money out of your account than you have funds.
What is an overdraft fee?
|
Individual Retirement Account (most of the time the money you save into this type of account is TAX FREE!)
What does IRA stand for?
|
Trick question. There is no longer a penalty due to the repeal of the individual mandate.
How much is the penalty for not having health insurance when filing your 2019 taxes?
|
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