Bank on it!
What institution holds your money safely and offers checking and savings accounts?
What is a bank?
What is it called when you own part of a company?
What is a stock?
What type of card allows you to borrow money and pay it back later with interest?
What is a credit card?
What’s the term for the money you keep in your checking account?
What is balance?
A savings account with money set aside to cover essential living expenses. It provides a financial cushion in case of an unexpected job loss, medical emergency, or large, sudden expense.
What is an emergency fund?
What kind of investment is typically considered less risky: bonds or stocks?
What are bonds?
What do you call a card that takes money directly from your bank account?
What is a debit card?
Money citizens pay to the government to fund public services
What are taxes?
What is the three-digit number that represents your creditworthiness?
What is a credit score?
This type of investment strategy is based on the idea of "not putting all your eggs in one basket."
What is diversification?
What is the document that lists all your income and expenses called?
What is a budget?
What type of account earns more interest: checking or savings?
What is a savings account?
An amount paid to use someone else's money.
What is interest?
What is the most common form of equity security that gives shareholders voting rights in the company?
What is common stock?
What is the recommended percentage of income you should save each month?
What is 20%?
What does APR stand for?
What is Annual Percentage Rate?
What is the term for the amount of money you owe on a loan?
What is the principal?
An investment scam that pays returns to existing investors from the funds collected from new investors
What is a Ponzi scheme
The money you earn from your job before taxes
What is gross income?
A special type of retirement savings account that allows your money to grow tax-free.
What is a Roth IRA?