About the Club
Club Offers & Plans
Personal Finance
Stock Market
Money Basics
100
The name of our club at Mira Loma.
What is Mira Loma Finance Club?
100
The club offers these to help you earn service credit.
What are volunteer hours?
100
Money you set aside for the future instead of spending it.
What is savings?
100
A share of ownership in a company.
What is a stock?
100
This Founding Father is on the $100 bill.
Who is Benjamin Franklin?
200
The first topic on the club's list: understanding how money works.
What is financial literacy?
200
The club offers these for competitions.
What are awards?
200
A plan for how you will spend and save your money.
What is a budget?
200
Practicing trades with fake money instead of real money.
What is paper trading?
200
Money earned or received, such as wages, tips, or dividends.
What is income?
300
The club plans local trading competitions with this company, using fake money.
What are Charles Schwab paper trading competitions?
300
The Charles Schwab paper trading competition is at this level.
What is local?
300
A number from 300 to 850 that shows how well you repay debt.
What is a credit score?
300
Spreading your money across many investments to lower risk.
What is diversification?
300
Rising prices over time that reduce what your money can buy.
What is inflation?
400
The club plans to invite these people in to talk with members.
Who are guest speakers?
400
The Stock Market Challenge is at this level.
What is state?
400
Interest earned on both your original money and past interest.
What is compound interest?
400
A market where prices are rising is named after this animal.
What is a bull market?
400
A bank account for everyday spending, used with a debit card.
What is a checking account?
500
Events the club plans to raise money.
What are fundraising events?
500
The Finance Challenges are at this level.
What is national?
500
The yearly cost of borrowing money, shown as a percentage.
What is APR (annual percentage rate)?
500
A basket of many investments that trades like a single stock.
What is an ETF (exchange-traded fund)?
500
Everything you own minus everything you owe.
What is net worth?
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