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Your income level greatly affects your saving habits.
True
False
Sinking fund
Spending more money than you make and acquiring debt
False
True
The purpose of an emergency fund is to set money aside for financial emergencies and to provide a sense of financial security
All of these
Budgeting is crucial to your financial success.
True
False
Sinking fund
Spending more money than you make and acquiring debt
False
True
The purpose of an emergency fund is to set money aside for financial emergencies and to provide a sense of financial security
All of these
Instead of borrowing money for large purchases, you should set money aside in a ________ overtime and pay with cash.
True
False
Sinking fund
Spending more money than you make and acquiring debt
False
True
The purpose of an emergency fund is to set money aside for financial emergencies and to provide a sense of financial security
All of these
What does it mean to have a negative savings rate?
True
False
Sinking fund
Spending more money than you make and acquiring debt
False
True
The purpose of an emergency fund is to set money aside for financial emergencies and to provide a sense of financial security
All of these
A debit card cannot be used for online purchases.
True
False
Sinking fund
Spending more money than you make and acquiring debt
False
True
The purpose of an emergency fund is to set money aside for financial emergencies and to provide a sense of financial security
All of these
Why is having a fully funded emergency fund so important when it comes to your financial well-being?
True
False
Sinking fund
Spending more money than you make and acquiring debt
False
True
The purpose of an emergency fund is to set money aside for financial emergencies and to provide a sense of financial security
All of these
Your monthly budget should include:
True
False
Sinking fund
Spending more money than you make and acquiring debt
False
True
The purpose of an emergency fund is to set money aside for financial emergencies and to provide a sense of financial security
All of these
The number-one cause of divorce in North America today is stress and disagreements over money.
True
False
Sinking fund
Spending more money than you make and acquiring debt
False
True
The purpose of an emergency fund is to set money aside for financial emergencies and to provide a sense of financial security
All of these
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