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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?

Being confident about your future Signup and view all the answers

Which statement is true about being financially stable?

Having substantial equity in your home Signup and view all the answers

Which action is consistent with being financially stable?

Paying bills immediately Signup and view all the answers

What demonstrates financial stability?

Having substantial savings in case of emergencies Signup and view all the answers

Which statement reflects financial stability?

Generosity with money when it comes to charities or helping others Signup and view all the answers

Which option suggests financial stability?

Growing your net worth significantly from year to year Signup and view all the answers

What indicates financial stability?

Having substantial savings to cover months without a paycheck Signup and view all the answers