1.

A tool you should use to develop your financial plan and to monitor your progress toward achieving your financial goals is a

Group of answer choices

budget

credit score

check stub

bank statement

2.

When examining your spending habits, the costs you have the most control over are called

Group of answer choices

non-discretionary

fixed

debts

discretionary

3.

All of the following are true about credit cards, except:

Group of answer choices

balances paid within the grace period incur no interest.

balances remaining after the grace period typically incur interest.

Failing to pay credit card bills does not negatively impact your credit score.

Failing to pay credit card bills may lead to additional fees and penalties.

4.

Employer sponsored retirement investment plans are typically referred to as

Group of answer choices

Roth IRAs

401(k) plans

Individual Retirement Accounts

529 plans

5.

Some employers will match the employee's contribution to their retirement savings plan. However, if you may not be entitled to keep all of the matching funds unless youve remained employed with the company long enough to satisfy the _______.

Group of answer choices

probationary period

grace period

vesting period

introductory period