Lesson 3 intro to apprenticeship
Study online at https://quizlet.com/_fgfdnh
1. Why is learning and practicing Making wise financial choices, one sure stability be-
smart money management so im- tween gaps and employment
portant, particularly for construc-
tion workers
2. What is the recommended percent- 20%
age amount of the home price to
have saved toward a down pay-
ment?
3. How are Work shift times deter- Work hours are determined through collective bargain-
mine in the organized electrical in- ing agreement, contract negotiations between the local
dustry union and Neca chapter
4. Who usually offers the best vehicle Credit union banks
financing deals
5. Which of the following strategies Avoid unplanned shopping trips
will help you avoid impulse pur-
chases
6. What are the two main forms of Credit cards and loans
credit used most often by the aver-
age consumer?
7. Your credit score ? How likely you Predicts
are to pay back a loan on time
8. Of the five factors that determine Payment history
your credit score, which one has
the most significant impact on it?
9. Mortgage lender
1/5
, Lesson 3 intro to apprenticeship
Study online at https://quizlet.com/_fgfdnh
A blank? Will tell you the maximum
loan amount you qualify for.
10. Reserve funds are liquid assets that Immediately
are available to you blank? If need-
ed.
11. Why is it important to have re- To reassure the lender that you can afford the mortgage
served funds when buying a home? payments if your job is lost after the loan is finalized and
funded
12. How should you handle significant, Way to make these purchases until after completing the
costly purchases during your ap- apprenticeship, if possible
prenticeship?
13. Electrical workers typically work a False
traditional 9 to 5, 40 hours per week
work schedule
14. There are five factors that deter- Amount of debts owed
mine your credit score; payment
history, blank? Length of credit, his-
tory, types of credit, and new credit.
15. One hour, 24 hour, 30 day, instant Payday loans
online, cash/check advance, and
military are all types of blank?
16. Why is learning and practicing Making wise financial choices when sure stability be-
smart money management so im- tween gaps and employment
portant, particularly for construc-
tion workers
17. Annually
2/5
Study online at https://quizlet.com/_fgfdnh
1. Why is learning and practicing Making wise financial choices, one sure stability be-
smart money management so im- tween gaps and employment
portant, particularly for construc-
tion workers
2. What is the recommended percent- 20%
age amount of the home price to
have saved toward a down pay-
ment?
3. How are Work shift times deter- Work hours are determined through collective bargain-
mine in the organized electrical in- ing agreement, contract negotiations between the local
dustry union and Neca chapter
4. Who usually offers the best vehicle Credit union banks
financing deals
5. Which of the following strategies Avoid unplanned shopping trips
will help you avoid impulse pur-
chases
6. What are the two main forms of Credit cards and loans
credit used most often by the aver-
age consumer?
7. Your credit score ? How likely you Predicts
are to pay back a loan on time
8. Of the five factors that determine Payment history
your credit score, which one has
the most significant impact on it?
9. Mortgage lender
1/5
, Lesson 3 intro to apprenticeship
Study online at https://quizlet.com/_fgfdnh
A blank? Will tell you the maximum
loan amount you qualify for.
10. Reserve funds are liquid assets that Immediately
are available to you blank? If need-
ed.
11. Why is it important to have re- To reassure the lender that you can afford the mortgage
served funds when buying a home? payments if your job is lost after the loan is finalized and
funded
12. How should you handle significant, Way to make these purchases until after completing the
costly purchases during your ap- apprenticeship, if possible
prenticeship?
13. Electrical workers typically work a False
traditional 9 to 5, 40 hours per week
work schedule
14. There are five factors that deter- Amount of debts owed
mine your credit score; payment
history, blank? Length of credit, his-
tory, types of credit, and new credit.
15. One hour, 24 hour, 30 day, instant Payday loans
online, cash/check advance, and
military are all types of blank?
16. Why is learning and practicing Making wise financial choices when sure stability be-
smart money management so im- tween gaps and employment
portant, particularly for construc-
tion workers
17. Annually
2/5
