Financial Fitness for Life Online Learning Check Question Title * 1. Name Question Title * 2. Phone Question Title * 3. Email Question Title * 4. As reviewed in the module on Goal Setting, when writing out your SMART Goals, you want to make sure they are “M”: Motivating Money Related Measurable Maintainable Question Title * 5. The method used in the video on Debt Reduction, which slowly lowers your debt by tackling one debt at a time is called: Debt Consolidation Loan Balance Transfer Credit Cards Debt Be Gone Power Pay Question Title * 6. As discussed in the module on Credit, the Fair Credit Reporting Act allows you to get a free credit report once a year from all three credit bureaus. What website do we recommend to access these reports? Equifax.com FreeCreditReport.com AnnualCreditReport.com Transunion.com Question Title * 7. The most important factor, worth 35% in how our credit score is calculated, is based upon: New Credit and Credit Pulls Amounts Owed Length of Credit History Payment History Question Title * 8. A late payment of more than 30 days on an account reported to the credit bureaus can lower our credit score by how many points?: 5-10 Points 25 Points 50 Points 80-100 Points Question Title * 9. In the Budgeting module, we suggest that the most effective way to build your savings, no matter to what extent you budget, is: Save all change in a jar Pay Yourself First and make it automatic Save 50% of what is leftover at the end of the month Cut coupons and look for sales Question Title * 10. The key(s) to budgeting successfully is/are: Tracking Expenses Including the whole household Evaluate your Spending choices, need versus want All of the above Question Title * 11. Reviewing purchases and asking, “Is this a Want or a Need?” can help eliminate excess spending. A common area many people consider cutting back on to adjust their budget is: Rent/Mortgage Groceries Eating Out/Entertainment Insurance Question Title * 12. You have achieved goals in the past. What is something that helped you to be successful that you can rely on again? Question Title * 13. What was your biggest “A Ha” from the workshop? Or What is something you are going to begin doing now to reach your Financial Goals? Done