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Common Financial Scams Awareness
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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?

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

    Which statement is true about being financially stable?

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

    Which action is consistent with being financially stable?

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

    What demonstrates financial stability?

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

    Which statement reflects financial stability?

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

    Which option suggests financial stability?

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

    What indicates financial stability?

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

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