NAME: _____________________________ SECTION & SCHEDULE: _____________ FINAL EXAM Directions: Write your final answer in a paragraph form 1. In terms of automobile decision making, for you which is better to rent or to buy? (Defend your answer minimum of 10 sentences) 2. In terms of housing decision making, for you which is better to rent or to buy? (Defend your answer minimum of 10 sentences) 3. What are the pros and cons of credit cards? (Identify at least 5 pros and 5 cons briefly discuss, minimum of 5 sentences each discussion) 4. Briefly explain the ways that you can do if you can't pay your bills. (minimum of 10 sentences) 5. As a student, how can you borrow less and borrow smarter? (Defend your answer minimum of 10 sentences) 6. What to look for in a Health Insurance Plan? (Minimum of 10 sentences) 7. What is insurance property coverage? (Minimum of 10 sentences) 8. What is personal liability coverage? (Minimum of 10 sentences) 9. How many insurances do you need? (Minimum of 10 sentences) 10.What is automobile insurance policy? (Minimum of 10 sentences)