The "net price" of the college/university
Whether college offers the field of study you are interested in
Quality of the student body based on test scores, GPA and selectivity of admissions
All of the above
Financial Aid Letter
It pays to start saving immediately in a 401k plan because of the impact of compounding over a long period of time.
Company’s will often provide a matching contribution to what an employee contributes to their 401K plan (e.g., if an employee contributes $200, the employer could provide a $100 matching contribution)
A 401K plan is portable in that it stays with the employee even after they have left their company
A 401K is a retirement savings plan that an investor makes contributions to through deductions from their payroll at the company they work for.
All of the above
Paying off your credit card balance each month
Paying 20% of your credit card balance every month
Making the minimum payment (2% of your credit card balance) every month
Charged a late payment fee (usually around $35).
Increase in interest rate to the Penalty APR rate, which will be significantly higher.
Increase in rewards offered to cardholder.
A credit score may go down as a result of poor payment history.
Rewards or incentives offered by credit card company.
Quality of credit card commercials.
Late payment fees.
How long will this introductory offer last?
Can I get two credit cards for my account?
What will the APR and the cashback rewards be after the introductory period?
Does Bank of America VISA allow online transactions?
Amounts owed (how much debt do you owe?)
Length of credit history (how long have you had credit?)
Types of credit used (what type of loans do you have?)
Payment history (do you make on-time payments?)
Dividend and share price appreciation (rise in the stock price)
Return of principal and coupon.
Dividend and coupon.
Coupon and share price appreciation (rise in the stock price).
Investing in a single company’s stock.
Investing in a single company’s bonds.
Putting your money in a savings account.
Buying an index fund like the S&P500 Fund.
They are about the same.
About the same
Be sure to apply to State U. Those statistics should make you even more excited about attending.
Immediately research additional schools as you decide based on the statistics that State U is definitely not the place you want to study after all
Borrow more money on each of your credit cards
Get more credit cards
Pay all of your bills on-time
Get a higher paying job
Lenders you are borrowing money from
Landlords who you want to rent an apartment from
Cal Grants (for California students who stay in-state)
Institutional Grants (grants from the school you attend)
Since education is an investment in your future, having a reasonable amount of student loan debt is OK.
Student loans should be avoided at all costs. If you need to take out student loans to go to college, you should not go.
Few students (less than 10% of students) need to take out student loans to go to college since college costs are declining.
You should take out student loans first before you consider the grants that are offered to you.
Getting a credit card will allow you to begin to establish a credit history and a history of on-time payment which will get you a higher credit score sooner.
Getting a credit card will get you to spend less since research shows people spend less with credit cards than with cash.
Credit cards provide better fraud protection than debit cards so I am better off using a credit card instead of my debit card.
Don't worry if I don't pay the credit card on time as it will not affect your credit score.
$1,200 in cash with gain of $200
$1,220 in cash with gain of $1,000
$1,200 in cash with gain of $220
$1,220 in cash with gain of $220
Amani, Clarissa, Evelyn, James
James, Evelyn, Amani, Clarissa
Evelyn, Amani, Clarissa, James
Clarissa, James, Evelyn, Amani
There is no relationship between risk and return.
For more risky investments, investors expect lower investment returns. For example, since Stryker was a speculative stock, investors would not expect a high return from it.
Low risk investments generate high returns. For example, savings accounts which are among the lowest risk investments are expected to generate high returns.
There is a direct relationship between risk and return. Investors expect to earn higher returns from riskier investments.