Past Choices
When someone has the impulse to buy things that they don't necessarily need at the time or doesn't help you reach any financial goals. Is it an example of what?
What is "poor spending habits"?
What can you use to track how much money you have to save for your monthly finances?
What is a "Budget Worksheet"?
Is putting aside some money from your paycheck for groceries saving or an investing?
What is "Saving"?
What place allows you to open a checking and saving account to keep your money save from bank failures and stock market crashes?
What is a "Bank"?
What are a few reasons we budget?
What is "to save money for emergencies, retirement, fix poor spending habits, spend only what you can afford, control finances"
What is the common mistake among young adults when they get a credit card for the first time?
What is "accumulating credit card debt"
Who are the people that help you manage your money when you want to save retirement, or if you want to save for any future plans that you want to do?
What is a "Financial Advisor"?
What is the name of the money you earn when the price of product of what your investing in goes up?
What is "Profit"?
What type of bank account lets you save money and earns you interest as the account is open?
What is a "Saving Account"?
What is budgeting?
What is "a guide that keeps you on track to reach your financial goals"
This is the process of giving up one benefit in exchange for another.
What is a "tradeoff"?
What type of expenses stay the same no matter what each month?
What is "Fixed Expenses"?
When you set aside money for an emergency fund in case something unexpected happens is and example of what?
What is "Investing"?
What type of card lets you build your credit but could also hurt your credit if used wrongly?
What is a "Credit Card"?
This is the correct term for items you own that hold monetary value.
What are "assets"?
What major life decision often makes people reflect on their financial priorities and choices?
What is "buying a house"
A higher level of this often leads to higher pay
What is "education"?
How much of your income is recommended that you save when you budget out of the 50/30/20 rule?
What is "20%"?
Is investing your money in real estate a good example of a good investment?
What is "Yes"?
The greater the _ the chance of a higher _
What is "risk and return"?
What is it called when an individual refers to their financial choices when they want to achieve their long term financial goals?
What is "financial planning"?
This financial aid does not need to be paid back after graduating
What are "Grants"?
What fund lets a company pool money in from many investors to buy a part of their stocks to be able to invest with a small budget to start?
What is a "Mutual Fund"?
What type of account is used in the workplace that helps you save money for retirement, but you as the employer might have to match what your employer puts into it?
What is a "401(k)"?
This financial choice can be referred to as a bad investment because of high interest rates and potential debt
What is “credit card debt”?