
EPF Module Two Post Assessment Review
Quiz by Gina
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
If you make all of your homeowner's insurance premium payments and a tornado hits your home during a bad thunderstorm, what will you need to do next to repair the damage?
Brad's parents with a credit score of 750 added him to a credit card they had held for 20 years when he was 15 years old. When Brad turned 21, he wanted to open his own credit card. How did his parents' actions impact his credit score compared to applicants of the same age?
Eric recently graduated from college and has a goal of owning his own home by the time he is 30 years old. What tool should he be using him to help him plan how to spend his money?
Who should be consulted to help with estate planning and writing wills?
Yashiro has been hired by a local fast-food restaurant. His new boss tells him to bring a voided check with him to sign paperwork so that he can be paid. What bank product will he be signing up for?
Which of the following is a service provided by banks?
What is the recommended percentage of your monthly income that should be devoted to housing?
Which of the following would you need if you decided to rent a place to live rather than purchase it?
If interest rates are currently at 3.5% and the bank offers you a loan that is guaranteed at 2.5% for the first 5 years that cannot go higher than 8%, what type of mortgage have you taken?
Which of the following is a component that would MOST likely be found in a budget for a 65-year-old but not for a 25-year-old?
What category would your electricity bill that varies each month fit in?
What is the best type of insurance to protect your personal belongings while living in a rental property?
Which type of mortgage would be most likely to have the lowest monthly payment?
Which of the following strategies is the best way to avoid paying extra fees to a bank?
What tool helps protect individuals from financially devastating events?
The goal of budgeting is to make sure that you are spending money on things that you can afford. If you are spending more money than you earn, what economic situation exists for you?
What is the consequence of not writing a will and planning for your estate after your death?
What is the best reason to avoid using overdraft protection offered by a bank?
Akia wants to take out a loan to purchase her first car, a used Toyota Corolla. Where would you recommend she go to get the best interest rate and loan terms?
Which of the following is a characteristic of a responsible borrower?