Needs, Wants, and Savings should be considered when setting a budget.

Bank Statements, Credit Statements, and records of cash expenses help you estimate your expenses

Tracking your expenses in your head is NOT a good way to keep up.

Emergency funds should not be used to spend on last-minute school trips or anything that is not important

To make sure you don't go over your budget you can round up your expenses to add a buffer

When deciding what to do but dont assume that buying the cheapest item is the smartest

Debit Cards take money out of your bank immediately

Credit Cards charge you with interest beacuse your using the bank's money

The unit price is the price of a single item within a group of items

Cash is not accepted while online shopping

Access to investment products is NOT a common feature of a financial instiution

In Check Cashing Companies they charge high fees

The Checking account offers the least, if any interest.

A mutual fund is a type of investment that invests in a mix of different types of investment

A stock is a share of ownership in a company

If you use a loan it could help you buy a house

Don't use your loan for a vacation to your dream place

When you get a credit card you should look at both APR and fees

Having a good credit score means when you need a loan, you will get more offers to pick from

If you don't manage your debt, your credit score will decrease

Buying a new car is not an example of a risk management strategy

Insurance that covers the damage to your car during a accident is called Collision Insurance

Having no health insurance means you have to pay for all health care and medical emergencies

Liability Insurance DOESN'T cover injuries to yourself

Liability Insurance is an insurance that will pay for the injury to other drivers and or damage to their car