Finance Basics
What does "ROI" stand for
Return on Investment
What does the Budget/Grants Team help student orgs apply for?
Grants and Funding
What is one way to build your credit score?
Pay your bills on time
AAPL
Apple
Where were the 2024 Summer Olympics held?
Paris, France
What does it mean when a stock is "bullish"
It is expected to go up
What are the three core teams in UFinance?
Budget and Grants, Data Analytics, and Tax
What does APR stand for on a credit card?
Annual Percentage Rate
AMZN
Amazon
Which artist performed at the Superbowl?
Kendrick Lamar
What is the term for buying something with borrowed money, hoping to make a profit?
Leverage
What is the name of the current UFinance Vice President?
Jasmin Salazar
What is one benefit of creating a monthly budget?
Helps track monthly expenses and income
TSLA
Tesla
What actor starring as Bob Dylan in "A Complete Unknown" was on the University of Minnesota campus this winter?
Timothee Chalamet
What do we call interest that is earned on both the initial principal and the interest already earned?
Compound Interest
What are the two types of funding student organizations can apply for?
Event Funding and Operational Funding
What is a good rule of thumb for how much of your paycheck you should save?
20% if possible
NFLX
What month in 2025 did TikTok get temporarily banned for one day?
January
What is the difference between a Roth IRA and a Traditional IRA
Roth: taxed now, tax-free later
Trational: tax-deferred until withdrawal
What event did UFinance host this semester that had the highest turnout?
US Bank Speaker Presentation
What type of loan typically has the lowest interest rate: student loan, payday loan, credit card, or mortgage?
Mortgage
SHOP
Shopify
Name one of the 2025 Coachella headliners
Green Day, Lady Gaga, or Post Malone