Name _____________

Finances.     5 pts. each
  1. The thing that will destroy your marriage fastest is _______
  2. Your first and most important debt is the _____
  3. Number the following in proper order of importance
    luxuries                 necessities
    tithe                      debts
  4. T or F - if you borrow money and have collateral,
    you do not owe money, you have temporarily
    traded your collateral
  5. T or F - if you pay interest on money, you do not
    owe them because you are renting their money.
  6. T or F - you begin owing if you pay early.
  7. Don't borrow to or from friends without
    a _________________________________
  8. If you must be late on a payment you should
    always __________________________
  9. T or F - Use no more than 2 weeks salary
              for house payment or rent.
  10. T or F - Use no more than 1/2 week's salary
              for a car payment.
  11. Name 2 good ways to build up a good
    credit rating:

  12. Never expect your ____ to live by faith.

13. The problem is not lack of income, the problem
      is lack of _________.
14. T or F.   Your budget should be a sovereign
      dictator that rules over you.
15. A mobile home is a good investment   T or F.
16. By the time your oldest child is ___ years old,
      you should own your first home.
17. What is an origination fee?

18. Match the following:
 
 
 
Tithe
House
Food
Savings
          5%
10%
15%
25%

19. Name 3 ways to save money on a tight budget

20. T or F - New furniture is a good investment.

10 point bonus: T. or F.   Pastor Scheving is the
                                    greatest preacher this side
                                      of the Pecos.