TRADING
This is the process of trading one country’s money for another.
What is foreign exchange?
This is what you own when you buy stock in a company.
What is a share
This is something you sell to make money.
What is a product (or service)
This is a plan for how you spend and save money.
What is a budget?
- This three-digit interstate indicates a spur that connects to interstate 80. while traveling only in east-west directions
What is route 280
This is the name for the value of one currency compared to another.
what is an exchange rate
This is the place where stocks are bought and sold.
What is the stock Market
This is a simple plan that explains your business idea.
What is a business plan?
This is money you put aside for future use.
WHAT IS SAVINGS
This happens when you spend too much on wants instead of needs.
What IS financial problems (or debt/trouble)
how many currency pairs can the U.S trade with ?
7 Major Pairs
This type of investor holds stocks for a long time instead of selling quickly.
What is a long-term investor?
This is money used to start a business.
What is a startup capital.
This type of expense stays the same every month.
What is a fixed expense?
This is the risk of putting all your money into just one stock.
What is higher risk (or losing more money if it fails)?
This is the difference between how much money you make and how much you spend.
What is Profit
This is something you must have to live, like food or shelter.
What is a need?
This is the process of turning your business into a LEGAL business/ what is the terminology?
What is a L.L.C "Limited Liability Company"
This rule suggests saving this percent of your income.
What is 20% (from the 50/30/20 rule)?
This skill helps you control emotions and make better financial choices.
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What is self-control (or emotional regulation)?