1. You should wait until after college to learn the basics of Financial Literacy, when you have more time and money.
True
False

2. A good way to create a budget is to first make a list of all your income and expense amounts.
True
False

3. You should avoid using cash as it may get you into trouble.
True
False

4. Your emergency fund should ideally cover how long of living expenses?
A) 2-3 Days
B) 2-3 Weeks
C) 2-3 Months
D) 2-3 Years

5. Building good credit now can pay off in the future.
True
False

6. Some credit cards offer favorable terms for students.
True
False

7. As long as you pay some of your bills on time your credit should remain very good.
True
False

8. You will want to look for a savings account with:
A) Low interest and low fees
B) Low interest and high fees
C) High interest and low fees
D) High interest and high fees