QUESTION 1 After obtaining money, what is a main financial planning activity that people can do with their money? A Spend B. Save Invest D. All of the above QUESTION 2 What is an advantage of using a credit card to make purchases? A Establishes credit and allows you to build up your credit report and score if used properly. B. Allows for a float, meaning there is a time lag between when you make a purchase and when you have to actually pay for it. C. Some credit cards offer rewards or cash back. D. All of the above QUESTION 3 is a savings plan requiring that a certain amount be left with the financial institution for a stated amount of time to earn a specified interest rate. A Checking account OB Mutual fund C. Certificate of Deposit (CD) D. Credit card