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chapter 8 post-test dave ramsey 100% correct solved As the owner of your account, managing your money is ______ responsibility. a.Not your b.Your c.Your parent's d.The banks - Answer️️ -B It's your responsibility to know about all of the _______ before choosing a bank. a.Fees and services involved b.Employees who work there c.Branch locations d.Options for loans - Answer️️ -A With certificates of deposit (CDs), you have to pay a penalty for ____________. a.Withdrawing your ...

Dave Ramsey Chapter post-test 9 review 2024 Questions and Answers The cap on the total amount of benefits you can get from your insurance company is called ___________. A. The deductible B. A Health Savings Account C. The lifetime limit D. Your premium - Answer️️ -C _______ will provide money to replace lost income for years—even up to retirement. A. Short-term disability B. Necessary insurance C. Identity theft protection D. Long-term disability - Answer️️ -D Own occupati...

Dave Ramsey Chapter 1 Money Review 2024 Questions and Answers sinking fund - Answer️️ -saving money for a purchase and letting the interest work for you rather than against you. amoral - Answer️️ -money is neither good nor bad. money market - Answer️️ -emergency fund goes here. compound interest - Answer️️ -interest on interest. murphys law - Answer️️ -if it can go wrong it will; unexpected events. baby step 1 - Answer️️ -$500/$1000 in an emergency fund. baby ste...

Dave Ramsey Real Estate Exam Questions and Answers Appreciation term-15 - Answer️️ -An increase in value Land survey - Answer️️ -Shows where property lines are Equity - Answer️️ -The value of your house over and above the mortgage MLS - Answer️️ -Listing service realtors use Mortgage - Answer️️ -Loan secured by collateral of a specific real estate property Home warranty - Answer️️ -An agreement that ensures the structural soundness of a home Principal - Answer️...

Dave Ramsey Ch 1 pt 2 Questions and Answers Key components of financial planning - Answer️️ -1. Assess the financial situation 2. Set money goals 3. Write out a detailed plan 4. Execute plan 5. Know your money personality 6. Regularly monitor and reassess financial plan 7. Replace money myths with money truths A fee paid by a borrower to the lender for the use of borrowed money - Answer️️ - Interest

Dave Ramsey Definitions Questions and Answers SEPP - Answer️️ -A retirement plan for self-employed people 457 - Answer️️ -A deferred compensation plan 401(k) - Answer️️ -Typical retirement plan found in most companies 403(b) - Answer️️ -Retirement plan found in non-profit groups (schools, hospitals) Educational Savings Account - Answer️️ -Save for college by first using this type of account UTMA - Answer️️ -Used after you max out the ESA Rollover - Answer️️ -M...

Dave Ramsey Chapter 3 Questions and Answers 100% Pass 47% of Americans have less than $1,000 saved for a(n) _________. - Answer️️ - Emergency You'll have less freedom with your money if you . . . - Answer️️ -Are paying for things in your past Once you have a $500 emergency fund, you should . . . - Answer️️ -Save it until you have an emergency The first step you should take when you want to make a large purchase is . . . - Answer️️ -Decide how much you'll need to save a...

Dave Ramsey Chapter 1 Intro to Personal Finance Exam Questions and Answers 100% Pass Consumer - Answer️️ -A person or organization that uses a product or service Credit - Answer️️ -The granting of a loan and the creation of debt; any form of deferred payment Debt - Answer️️ -An obligation of repayment owed by the debtor/borrower to the creditor/lender-this includes repayment of the original loan amount plus interest Economy - Answer️️ -A system by which goods and services ...

Chapter 11 Dave Ramsey Exam Questions and Answers The Internal Revenue Service (IRS) is the federal government agency responsible for: - Answer️️ -Tax collection and tax law enforcement What is the difference between gross pay and net pay - Answer️️ -Net pay describes your pay after deductions; gross pay is before Sales tax and excise tax are both taxes on - Answer️️ -Consumption Which of the following should not be a major consideration when it comes to selecting your career...