Savings Facts
What is one of the saving goals?
map out goals, assess your finances, do your research, pick a time and place, follow up.
What is something you should look at when choosing a budget plan?
Look at needs vs wants.
Income.
Set aside a percentage to save.
What is an example of paying yourself first?
Deposit money into your savings
Is the amount of risk on a saving account high or low?
Low risk
What is Shadle Park's mascot?
Highlander
Where is the safest place to invest your money?
Savings Account
What is a big part of the budget plan?
Income
What should you do with unexpected money?
Put it into your savings account
what is a savings account
a bank account that earns interests
How do you join DECA?
Take a business and marketing class
If you open a savings account can you take your money out at any time?
Yes
What is something you should do after choosing a budget plan?
Track your progress.
What is more important then the amount saved?
The habit formed
What is interest?
Money paid regularly at a rate.
What does DECA stand for?
An Association of Marketing Students
What is the average interest rate paid on a savings account?
.09%
What is a way to revisit your budget?
Keep a spending journal
How do you form a habit?
Commitment, discipline, delayed gratification
what is the first step in creating a savings account?
Find the best savings account.
What is groovy shoes?
Spirit Contest between NC & Shadle and encourages school unity
What is a riskier way to save and grow your money?
Stock Market
What is a good budget plan?
Something that fulfills your needs.
What is someone's name presenting?
Martin, Owen, Natalie
What is one thing you need to open a savings account?
Some form of Id
What is one of the levels of competition for DECA?
Area, State, Nationals