1. Your tax refund was $5,000 for 2012 and you expect the same for 2013. Should you adjust your W-4 tax withholding form? _____________________________________
2. You plan to buy a watch for $150.
Jeweler 1 offers a discount of 20% off and Jeweler 2 offers $25 off for
the same watch. Which one do you choose?
_____________
3. What is the Dow Jones average today? ___________________ Why should you
care?
____________________________________________________________
4. If your son received a free scholarship to George Mason University and
was accepted to Harvard University with a tuition of $45,000 a year, where
should he go to college? _______________________________
5. If you buy a house and the bank offers you a $200,000 loan at 4.0%
interest with 2 points or another loan at 4.5% interest with no points, which
loan would you prefer? __________________________
6. You buy a printer at Best Buy for $100 and Best Buy offers you a warranty
for $29.95. Should you accept?
___________________
7. What percent of your income goes to taxes? __________________________
8. What is the best age to start
collecting your Social Security payments?_________________________________________
9. If you are between 20 and 30 years old, how much of your investments
should be in stocks? ________________
10. When is the best age to start investing for retirement – 25, 35, 45, or
55? _____________________________________________________
