Personal Finance

							                                   Personal Finance
                                  Final Exam Review
                                     Spring 2012


The final will consist of multiple choice, matching, short answer, and one essay
regarding your personal financial future.
    2 things you can do if your credit card is stolen
    3 danger signs your credit is getting out of control
    3 variables that determine the total amount of interest that is paid on a loan
    Be able to read a amortization schedule


Know the following from the book/simulations:

How age/values/family/peers affect your decisions

Write a short-term, intermediate-term, and long-term goal

2 benefits of tracking your spending habits

2 advantages of creating and following a budget

Difference between saving and investing

Why diversifying investments is recommended

The difference between a debit and credit card

Explain the following banking options:
    Savings account
    Debit card
    Credit card
    Online banking

2 reasons people work besides money

2 commonly offered employee benefits

2 sources of funding you can help pay for college