Question

How can an identity thief obtain your personal information?

By looking at your mail

By going through your trash

By stealing your wallet

All of the above

Answer 1

which one do you think it is?

Answer 2

all of the above

Answer 3

good, those are all ways to find some piece of ID to use.

Answer 4

so it's best to know and safeguard against it

Answer 5

Which is not an example of long term debt?

credit card debt

mortgage

car loan

student loan

Answer 6

is it B?

Answer 7

nope, that's usually 15 to 30 years

Answer 8

definitely long term

Answer 9

car loan?

Answer 10

think of something where it's usually paid off in full every month (or it's a good idea to do so)

Answer 11

credit card debt

Answer 12

yes. If you only make the min payments, then it gets stretched out. But credit card debt can be quickly paid off compared to the others

Answer 13

yey thank you

Answer 14

Which of the following is the best example of long term debt?

credit card bills

mortgage

utility bill

none of the above

Answer 15

mortgage

Answer 16

is a mortage a debt though?

Answer 17

yep

Answer 18

yes it is

Answer 19

you have to pay it off or you lose your home

Answer 20

oh ok thank you

Answer 21

Which of the following is a poor financial habit?

paying your bills in full each month

putting money aside for emergencies

using scholarships to pay for college

none of the above

Answer 22

none of the above

Answer 23

obviously aha

Answer 24

Which of the following scenarios is typically an appreciating asset?

car

boat

home

all of the above

Answer 25

yeah all 3 are good habits

Answer 26

home?

Answer 27

yep the other 2 degrade in value because the more you use them, the more wear and tear you put on them

Answer 28

you could put them in storage, but even then they lose value

Answer 29

thank you :))) one more please :)))

Answer 30

debt
Read Answer Items for Question 1

creditor
Read Answer Items for Question 1

debtor
Read Answer Items for Question 1

good debt
Read Answer Items for Question 1

bad debt
Read Answer Items for Question 1

online banking
Read Answer Items for Question 1

identity theft
Read Answer Items for Question 1

short term debt
Read Answer Items for Question 1

long term debt
Read Answer Items for Question 1
Answer
A.
debt that is paid back in full within one year
B.
debt that is paid in full in a time period longer than one year
C.
using the internet to review and use your banking accounts
D.
debt created from things you have already consumed
E.
your personal information is stolen and used fraudulently
F.
person who borrowed money
G.
debt that will help your wealth
H.
money owed
I.
person who lends money to a debtor

Answer 31

this ones matching

Answer 32

ok show me what you have

Answer 33

ok one sec

Answer 34

its hard to write out

Answer 35

debt=money owed?

Answer 36

yes, what else?

Answer 37

creditor=person who lends money to a debtor

Answer 38

good

Answer 39

debtor=person who borrowed money

Answer 40

correct

Answer 41

good debt=debt that will help your wealth?

Answer 42

i think

Answer 43

yes, so something like buying a home or investing in a business

Answer 44

bad debt=debt created from things you have already consumed

Answer 45

What is an advantage to online banking?

It allows customers to view account balances.

It allows customers to view recent transactions.

It is convenient.

All of the above.

Answer 46

last one

Answer 47

Explain the consequences of poor financial habits.

Answer 48

wait wait this one is actually the last one aha

Answer 49

yeah a good example is buying groceries with a credit card. If you can pay off the CC debt in full, then great. However, the reason why people use their CC to buy groceries is because they don't have enough money. This eventually builds up the CC debt to make things go from bad to worse

Answer 50

that's all it says?

it says "Explain the consequences of poor financial habits." ?

Answer 51

yes

Answer 52

well think of a bad financial habit and tell me what comes to mind

Answer 53

i got all of them right!!!!!!!!!!!!!!!!!!! thank you soooo much :)))))))

Answer 54

can you help with one more :P i dont know how i can repay you though for your help :(

Answer 55

sure I can do one more

Answer 56

thank you :))))

Answer 57

What is the best definition of a fixed variable cost?

expense that you must pay and is the same amount each month

expense that you must pay each month but the amount can differ

an expense that is optional, but the amount changes each month

an expense that is optional, but the amount stays the same each month

Answer 58

any ideas? or no?

Answer 59

b

Answer 60

Which of the following can be considered NOT preparing for a financial emergency?

Living in a modest house.

Trying to pay down credit card debt.

Carrying high balances on credit cards

Creating a budget.

Answer 61

sorry i really dont like this class:(

Answer 62

variable cost means that it's something that you pay per unit (in this case monthly) the fact that it is fixed means it doesn't change

Answer 63

it's a strange mix of the two

Answer 64

so is it b

Answer 65

which one?

Answer 66

What is the best definition of a fixed variable cost?

Answer 67

oh, no that would be A because it's fixed

Answer 68

last one i promise :)

Answer 69

Choose the best example of controlling a fixed variable cost.

setting a thermostat

using a fireplace instead of an electric heater

determining when “off-peak” hours at the electric company are and only doing your laundry during that time

all of the above

Answer 70

determining when “off-peak” hours at the electric company are and only doing your laundry during that time

Answer 71

all sound like good idea to lower the utility use and the bills for them

Answer 72

only missed one :P

Answer 73

thank you so much :))))

Answer 74

which one?

Answer 75

What is the best definition of a fixed variable cost?

Answer 76

hmm, does it say what the answer to that is?

Answer 77

the one i had guessed

Answer 78

I see

Answer 79

Esther is pregnant and preparing for the birth of her first baby. In college, she ran up a large credit card bill and is still trying to pay it off while still charging new items. What would you recommend she do as soon as possible?

Stop using all credit cards at once

Use credit cards to pay for all expenses associated with having a baby

Keep her spending habits the same

Use money she planned to spend on her medical bills to pay her credit card

Answer 80

i think its a

Answer 81

yeah A is the most realistic and makes the most sense

Answer 82

thank you so much for all your help:)))

Answer 83

np