Which of the Following Is Not a Major Warning Sign
Which of the following is not a major warning sign that you are headed for financial trouble?
A) Cash advances on credit cards
B) Net worth is increasing
C) No emergency fund
D) Taking money from retirement savings
What is the minimum amount of money you should have in your emergency account fund at all times?
D) Six months' wages
Which of the following is a red flag when it comes to credit card debt?
A) Not being able to make the minimum payment
B) Getting cash advances from the credit card
C) Taking money from retirement savings to pay off the bill
D) All of the choices are correct
Borrowing money from family and friends is a:
A) Yellow flag warning: caution
B) Red flag warning: danger
C) Green flag warning: go ahead
D) None of the choices are correct