Return to course: Introduction to Financial Literacy
Quiz: Building a Support Network
What is the primary role of a financial mentor?
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Provide emotional support
Offer advice based on personal experiences and expertise
Help you find a job
Provide legal assistance
Where can you typically find financial mentors? (Select all that apply)
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Local chambers of commerce
Professional networking platforms like LinkedIn
Government offices
Business networking events
What type of support do financial support groups typically offer?
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Legal advice
Emotional and practical support
Investment tips only
Business funding
Which organization is known for offering financial counseling and education to individuals in financial difficulty?
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National Foundation for Credit Counseling (NFCC)
Internal Revenue Service (IRS)
Federal Reserve
World Bank
What is a major benefit of joining an online financial literacy forum?
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Anonymous support from peers
Guaranteed business loans
Access to free legal advice
Free investment management services
What type of professional can assist you with consumer protection issues or debt collection?
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Financial advisor
Credit counselor
Legal aid service
Tax professional
Which of the following platforms can be useful for building a professional financial support network? (Select all that apply)
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LinkedIn
Local community centers
Reddit's Personal Finance subreddit
Government websites
What is the benefit of setting regular check-ins with your financial mentor or support group?
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It helps you monitor your progress and stay accountable
It guarantees financial success
It reduces your insurance premiums
It provides direct access to investment capital
How can tax professionals assist you in financial planning?
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By providing budgeting advice
By helping you file accurate tax returns and optimizing tax deductions
By negotiating lower interest rates on debt
By finding job opportunities
What should you look for in a financial advisor?
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Experience, qualifications, and unbiased advice
Affiliation with a single company
Free services
Focus on short-term financial solutions
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