Future Smart Module 3 Ways To Pay Study Guide Graded A+

a. Salary {Ans: A ________________ is usually paid on a biweekly or monthly basis for professional employment. a. Salary b. Stipend c. Wage d. Benefit}c. The longer you use credit responsibly, the higher your credit score. {Ans: Which of the following statements is TRUE: a. Applying for several lines of credit in a short period of time can help boost a person's credit score. b. Paying off a credit card balance in full can have a negative impact on someone's credit score. c. The longer you use credit responsibly, the higher your credit score. d. Low risk borrowers tend to have low credit scores.}a. Pay the full balance each month {Ans: What is the best strategy for avoiding credit card interest? a. Pay the full balance each month b. Skip payments c. Pay the minimum balance d. Make payments online}b. Keeping track of how much you have spent is simple {Ans: Which of the following is the best reason to use cash for purchases? a. Getting more from the ATM is easy to do b. Keeping track of how much you have spent is simple c. Splitting bills with friends is easier d. Losing it won't