budget
what is a budget
A budget is a plan you write down to decide how you'll spend your money each month
in the stock market
how long is a short term goal
what is a credit union
A credit union is a not-for-profit financial institution that accepts deposits, make loans, and provides a wide array of other financial services and products.
do savings accounts offer intrest
yes
what is take home pay
The money you get to take after all the deductions and taxes
A collection of investments owned by a person or a company is called
A portfolio
7-10 years is a
long term goal
Do all bank institutions have CD accounts
No they do not It depends on the bank you go to
do some banks have a minimum deposit to open
yes
20 percent of your buget should be
savings
a recession is went the stock market goes up or down?
Down
A house is a
long term goal
do you get charged a fee for using a atm that is not your banks
Yes there is a fee
Can you have a debit card for a savings account
No you cannot
what is 50/30/20 rule
50 % into needs 30 % wants 20% savings
is investing short term or long term
Both because it all depends on what ivestment you make.
should a car be a short term goal
no it should be a mid term goal
what a loan officers job
Take applications for loans offered at the bank and Provide written information explaining loan products and Evaluate loan applications
True or false there :there is only one kind of savings account
False
Is emergencies inclueded into budgets
Depends but most of the time no
what is the risk of investing in a new company with not alot of good stuff
High risk because they are more likely to crash
true or false : there is only one budget
false
how do customer service representitives help people
Help you open your account
§ Refer you to a person who can help you
to get the intrest benefits you have to
keep money in the account for a certain amount of time