Common Financial Scams Awareness
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Questions and Answers

Which behavior is a sign of being financially stable?

  • Always overdraw your checking account
  • Lose sleep over finances
  • Use credit cards for convenience and rewards, but never out of necessity (correct)
  • Worry about losing your job

What is an indicator of being financially stable?

  • Not paying bills ahead of time
  • Feeling guilty when out for special occasions
  • Not contributing much to your retirement
  • Paying bills ahead of time (correct)

Which characteristic reflects financial stability?

  • Living beneath your means consistently (correct)
  • Having substantial debt
  • Scarcity of equity in your home
  • Feeling dominated by finances

What signifies being financially stable?

<p>Being confident about your future (A)</p> Signup and view all the answers

Which statement is true about being financially stable?

<p>Having substantial equity in your home (C)</p> Signup and view all the answers

Which action is consistent with being financially stable?

<p>Paying bills immediately (D)</p> Signup and view all the answers

What demonstrates financial stability?

<p>Having substantial savings in case of emergencies (A)</p> Signup and view all the answers

Which statement reflects financial stability?

<p>Generosity with money when it comes to charities or helping others (A)</p> Signup and view all the answers

Which option suggests financial stability?

<p>Growing your net worth significantly from year to year (C)</p> Signup and view all the answers

What indicates financial stability?

<p>Having substantial savings to cover months without a paycheck (C)</p> Signup and view all the answers

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