Savings
What number is used in the formula for doubling your savings money?
72
Low
A bank ran by it's members?
Credit Union.
What are the major types of payments?
Paper, Plastic, and Electronic
Which type of insurance is required in most states in America?
Car/Automotive Insurance
When is it better to start saving in life?
Earlier.
What do you call a collection of investments?
A portfolio.
What is the fee you get when using an ATM that isn't form your bank?
ATM fee.
What is a direct deposit?
Paychecks going into your bank account instead of going to you.
What does insurance coverage do?
It helps pay fees from an unforeseen accident.
What is the shortest term you can get for a Certificate of deposit?
Three months
What do you call what bondholders get as interest payments periodically?
Coupons.
What does FDIC stand for?
Federal Deposit Insurance Corporations
Name one place where you do get money orders?
Banks, post office, retail store, and online.
What do you have to pay if somebody hits your car and you don't have insurance?
Nothing.
What retirement plan do you get with a non-profit?
403(b)
What should someone who is almost retired invest in?
Bonds and other low risk investments.
When was the FED created?
1913
What does APR mean?
Annual Percentage Rate.
Name one of the four websites/places you can fill in your tax forms (W-4,W-2,1040EZ,1040)
Turbo Tax
Tax Slayer
Tax Act
H&R Block
Is Dow Jones a major places of buying and selling stocks?
Yes.
What do banks sell and individuals buy?
Saving bonds.
When was the Banker's Panic?
1907
What is another name for Merchant credit cards?
Store cards.
What tax form do you fill out if you have a home?
1040 form.