Financial Peace Revisited

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10 points

In what year was the Federal Fair Debt Collection Practices Act passed?

1987

1967

1977

1978

10 points

Baby Step One: The first step is to pay maximum on everything until you get $1000 saved up.

True

False

10 points

According to the book, Consolidation Credit Counseling service found that ___ percent of Americans say debt are making their home lives unhappy.

10 points

Ramsey defines stuffitis as:

where the bearer has an insatiable desire for only “good stuff”

where the bearer has no insatiable desire for only “good stuff”

where the bearer has an no desire for any stuff

none of the above

10 points

What is one of two the cycles mentioned in the book?

Death cycle

Start cycle

Dependence cycle

End cycle

10 points

What do sales people call it when buyers get a small rush from making purchases?

buying power

the final rush

buying fever

purchasing power

10 points

What is the 6th “Peace Puppies”?

sacrifice now

power over purchase

avoid stuffitis

plant seeds

10 points

What is the first property of money?

Money is Amoral

Money is Selfish

Money is Active

Money is Evil

10 points

Just Do It portion in the book refers to an accurate, dynamic, written _____________________ plan.

pay off your house

get out of debt

send your children to college

cash management

10.

10 points

What is one of the four main areas of money that children need to learn?

Bankruptcy

Budgeting

Nothing Kids are too young to learn about money

Spending Wisely

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