Insurance
What type of insurance is required to drive?
What is liability insurance?
This type of investment represents ownership in a company and can earn dividends.
what are stocks?
This is the amount of money you have left after all your expenses are paid.
what is disposable income?
this coin is the smallest in value
what is the penny?
This is the money you pay regularly to keep your insurance active.
What is a premium?
This term refers to the potential for loss or gain in an investment.
what is risk?
This term describes the techniques used by companies to persuade consumers to buy their products.
what is advertising
This is the original amount of money deposited in a bank account.
what is the principal?
This is the amount you must pay out of pocket before your insurance kicks in.
what is a deductable?
these are loans made to corporations or governments that pay interest over time.
what are bonds?
This term refers to essential items required for survival, such as food and shelter.
what is needs?
The FDIC insures savings accounts for up to this amount.
what is $250,000?
This insurance protects your home and belongings from damage or theft.
what is homeowners insurance?
these are pooled investments managed by professionals, allowing investors to diversify without needing to buy individual stocks or bonds.
what are mutual funds?
This is the amount of money borrowed that must be paid back, often with interest.
what is debt?
This term refers to the amount paid to use someone else's money.
what is interest?
This type of insurance helps cover doctor visits and hospital stays.
what is health insurance?
This investment strategy involves spreading your investments across various assets to reduce risk.
what is diversification?
This is a detailed plan that outlines your income, expenses, and savings goals over a specific period.
what is a budget?
These bills featuring Benjamin Franklin are commonly used in the United States.
what are $100 bills?