Podcast
Questions and Answers
What does bankruptcy help to do according to the text?
What does bankruptcy help to do according to the text?
According to the credit card law, can the issuer charge a fee for ATM cash withdrawals without your permission?
According to the credit card law, can the issuer charge a fee for ATM cash withdrawals without your permission?
What is the 'Grace Period' in a billing cycle?
What is the 'Grace Period' in a billing cycle?
Do retail charge cards usually have lower interest rates compared to credit cards?
Do retail charge cards usually have lower interest rates compared to credit cards?
Signup and view all the answers
Do merchants pay lower transaction fees for debit cards compared to credit cards?
Do merchants pay lower transaction fees for debit cards compared to credit cards?
Signup and view all the answers
Are earned income and adjustable gross income considered the same for IRS purposes?
Are earned income and adjustable gross income considered the same for IRS purposes?
Signup and view all the answers
What type of entity must file a separate tax return for the business?
What type of entity must file a separate tax return for the business?
Signup and view all the answers
What does an 'IPO' refer to?
What does an 'IPO' refer to?
Signup and view all the answers
Why do dividends received by individual shareholders appear to be taxed twice?
Why do dividends received by individual shareholders appear to be taxed twice?
Signup and view all the answers
What happens if a credit card company increases your APR?
What happens if a credit card company increases your APR?
Signup and view all the answers
How often is the Net Asset Value (NAV) of a mutual fund calculated and published?
How often is the Net Asset Value (NAV) of a mutual fund calculated and published?
Signup and view all the answers
What is the main concept behind the time value of money?
What is the main concept behind the time value of money?
Signup and view all the answers
What is the priority order for paying off debts according to the text?
What is the priority order for paying off debts according to the text?
Signup and view all the answers
According to the credit card law mentioned, where are payments in excess of the minimum first applied?
According to the credit card law mentioned, where are payments in excess of the minimum first applied?
Signup and view all the answers
What is a characteristic of a general partner in a partnership?
What is a characteristic of a general partner in a partnership?
Signup and view all the answers
If you have $100,000 of annual earned income, what would be your combined contribution to Social Security and Medicare?
If you have $100,000 of annual earned income, what would be your combined contribution to Social Security and Medicare?
Signup and view all the answers
When can a vendor put a "hold" on your credit card account according to the text?
When can a vendor put a "hold" on your credit card account according to the text?
Signup and view all the answers
What does the pass-through tax deduction apply to?
What does the pass-through tax deduction apply to?
Signup and view all the answers
Which of the following statements is true about the marriage tax penalty?
Which of the following statements is true about the marriage tax penalty?
Signup and view all the answers
What is considered the best way to reduce risk in owning stocks?
What is considered the best way to reduce risk in owning stocks?
Signup and view all the answers
Do target date funds adjust your asset allocation as you get older?
Do target date funds adjust your asset allocation as you get older?
Signup and view all the answers
What do successful stock investors tend to do?
What do successful stock investors tend to do?
Signup and view all the answers
When itemized deductions are higher than the standard deduction, what should you do?
When itemized deductions are higher than the standard deduction, what should you do?
Signup and view all the answers
What is the most important factor in determining whether investors will pay more for a stock in the future?
What is the most important factor in determining whether investors will pay more for a stock in the future?
Signup and view all the answers
What could cause a default on a bond?
What could cause a default on a bond?
Signup and view all the answers
Is it true that the only interest paid on a credit card balance is the go-to-rate?
Is it true that the only interest paid on a credit card balance is the go-to-rate?
Signup and view all the answers
What is a 'wash sale' in relation to stock trading?
What is a 'wash sale' in relation to stock trading?
Signup and view all the answers
Do partners in a partnership have liability for federal income taxes even without cash distributions?
Do partners in a partnership have liability for federal income taxes even without cash distributions?
Signup and view all the answers
Do shareholders in a corporation have unlimited liability?
Do shareholders in a corporation have unlimited liability?
Signup and view all the answers
What types of income are included in earned income?
What types of income are included in earned income?
Signup and view all the answers
