When you are in high school, you won't ever need an emergency fund

Your emergency fund should be kept in the same place as your spending money.

A fully-funded emergency fund is 3-6 months worth of expenses

You save for 3 basic reasons: emergency funds, purchases, and vacations.

Americans have a negative savings rate which means they spend more than they save

Your emergency fund is considered an investment

The bank will charge a fee for overdrafts on your account

Your bank statement balance will always match your check register balance.

Credit Unions are similar to banks, except they pay dividends to their members if there is extra profit.

70% of Americans live paycheck to paycheck and have no savings

At your age, an emergency fund should have

If your monthly expenses were $3,000, your fully funded emergency fund should be

Instead of borrowing money for purchases, you should set money aside in a ___ over time and pay with cash

The saving habits of Ben and Arthur (video) best illustrate which principle of saving? *

Which of the following is NOT a reason your emergency fund should be kept in a separate account away from your spending money?

What does it mean to have a negative savings rate?

Which of the following is a consequence of overdrawing our checking account?

Which of the following account records would have the most current balance

Which of these services is NOT typically offered by a bank?

When you want to make a large purchase, how should you pay for it?

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