Ramsey 1 and 2
Baby step 1 is to put this amount of money into this type of fund.
What is $1,000 into an emergency fund?
This percentage of Americans live paycheck to paycheck.
What is 70%?
DOGE is run by this guy, the richest man in the world.
Who is Elon Musk?
What is sales tax?
Goods that we bring into the country, like avocadoes and mangos, and called...
What are imports?
This is the KISS rule of investing.
What is Keep It Simple, Stupid?
This, which is basically a form of gambling, is called a "tax on the poor" by financial gurus like Dave Ramsey and Warren Buffett.
What is the lottery?
What does DOGE stand for?
What is the Department Of Government Efficiency?
This type of tax takes about 6% of your earnings and pays the money out as a benefit to retirees.
What is social security?
According to Donald Trump, this is the 4th most beautiful word in the English language, and is a tax imposed on goods brought in from foreign nations.
What are tariffs?
Making more interest on the interest you've already earned, is known by this term.
What is compound interest?
A 401(k) is a type of this...
What is a retirement fund?
DOGE is trying to cut this amount of spending over the next decade.
What is $2 trillion?
This type of tax can take anywhere between 10-37% of your wages depending on the amount of money you make.
What is federal income tax?
These are the top 3 trading partners of the United States.
What are Canada, Mexico, and China?
Spreading out your investments, or not putting all your eggs into one basket, is known as this.
What is diversification?
If you buy a sweet, gold-plated cyber truck for $100,000, it will be worth this much after 4 years.
What is $30,000?
DOGE was created by Trump via this type of action.
What is an executive order?
Workers are taxed at around 1.45% of their earnings for this type of federal health care for retirees.
What is medicare?
When countries trade with each other with no regulations, it is known as this 2 word term.
What is free trade?
C.D. stands for...
What is a Certificate of Deposit?
IRA, when it comes to finance, stands for this.
What is an Individual Retirement Agreement?
In their rush to cut spending, DOGE cut funding to prevent the outbreak of this deadly disease in Africa, before correcting the mistake a few days later
What is the ebola virus?
This percentage of your earnings is deducted by the state of Colorado.
What is 4.40%?
Barriers to trade through government intervention, such as quotas and embargos, are types of this.
What is protectionism?