4. Which type of debt is the least attractive for a consumer? (Points : 1)
Unsecured debt
Secured debt
Mortgage debt
Lease debt
5. If you receive paid sick days, personal days, and/or paid vacation, what type of employee are you? (Points : 1)
Salaried
Hourly
Management
Lucky
6. Which of the following is an example of realized income? (Points : 1)
Your salary
The end-of-year bonus you hope to receive
An anticipated inheritance
Your weekly poker winnings
9. What is another name for your “take home pay”? (Points : 1)
Gross income
Net income
Taxable income
Internet income
11. What is the second roadblock most people face in running their savings programs? (Points : 1)
Lack of a savings account
Insufficient income
Seasonal overspending
Unexpected expenses
14. Which of the following is NOT an involuntary salary deduction? (Points : 1)
Federal income taxes
Unemployment insurance premiums
Social Security payments
Health insurance premiums
16. What do you need to do if you’re facing a monthly deficit? (Points : 1)
Increase your net income
Reduce your expenses
Both a and b
Neither a, b, or c

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