Investing
Another word for property. If you own a property like a house, you own _______
What is real estate?
When faced with a spending dilemma, you should first ask yourself, is this a ____ or a _______
What is need/want?
The ability to understand how money works
What is financial literacy?
When you own a tiny piece of a company
What is a stock/share?
Financial goal that typically takes 1 year or less to achieve
What is short-term financial goal?
A nine digit number assigned by the IRS to those who don't qualify for a SSN
What is an ITIN?
The cost of borrowing money, or the reward for lending or saving money?
What is interest?
Financial goal that typically takes 1 or more years to reach
What is a long-term financial goal?
A spending plan that outlines your income, expenses, and other financial goals
What is a budget?
The interest you earn on interest
What is compound interest?
The government agency that insures bank accounts up to $250,000
What is FDIC?
Banks trust to lend you money based on this
What is credit?
This retirement account often offers matching - which means that if you put a certain amount of money in, your employer will put in some too
What is 401K?
Theres a regular savings account and there's a _____ savings account
What is high-yield?
Rare metal that was used as money back in the day
What is gold?