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Exam (elaborations) HLTH 1000

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Covers both questions and answers on the quiz on personal health and how to deal with the problems

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HLTH 1000 quiz




Typically our highest expense is housing.

True




If you have a non-subsidized student loan the interest is already accruing while you're still in college.

True




Instructing the bank to automatically move a fixed amount of money to your savings account every
month is a proven strategy to reaching financial freedom and growing your wealth.

True




You will pay less interest over the life of the loan if you get a shorter term loan.

True

, If you default on your student loans, your employer may garnish your wages.

True




It is a sound investing principle that TODAY'S money is worth less than TOMORROW'S money.

False




The type of expenses are the most difficult to budget for are PERIODIC EXPENSES.

True




Rent, cell phone, and car payments are all examples of VARIABLE expenses.

False




FLOATING YOUR LIVING EXPENSES ON A CREDIT CARD is a sign of debt distress.

True




HAVING A MIX OF DIFFERENT TYPES OF LOANS would lower your credit card score.

False




Viruses are single-celled living organisms that are able to survive and replicate on their own.

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