Black Wealth Builders
Who was the first Black woman millionaire known for her hair care empire?
Madam C.J. Walker
The "50/30/20 rule" is a guideline for managing what?
A monthly budget
What does FICO stand for?
Fair Isaac Corporation
What does “ETF” stand for?
Exchange-Traded Fund
What’s the legal document that outlines how you want your assets distributed?
A will
This media mogul became the first Black woman billionaire.
Oprah Winfrey
What is the recommended emergency fund coverage?
3–6 months of expenses
What’s considered a “good” credit score range?
670–739
Roth or Traditional: Which IRA lets your money grow tax-free?
Roth IRA
What is a “beneficiary”?
A person who receives assets or insurance benefits when you pass
Which HBCU grad co-founded The Honey Pot, a plant-based feminine care brand?
Bea Dixon
What’s one of the first steps to start building credit in college?
Open a secured credit card or student credit card
Name two types of student loan repayment plans.
Standard, Income-Driven, Graduated, etc
What does "diversification" mean in investing?
Spreading investments to reduce risk
True or False: You need to be rich to have an estate plan.
False
What organization was created in 1900s to help Black communities with economic empowerment and civil rights?
The National Urban League
What financial app rounds up your purchases and invests the change?
Acorns
This type of interest builds on both principal and accumulated interest.
Compound interest
Name one app you can use to start investing as a beginner.
Robinhood, Stash, Public, etc.
What’s a trust?
A legal entity that holds assets for a beneficiary
The first African American woman to build AND found a multi-billion dollar company.
Janice Bryant-Howroyd (Act One Group)
Honorary Member of Delta Sigma Theta Sorority, Incorporated
What's the name of the federal form that helps determine your financial aid package?
FAFSA
What’s a key difference between a credit card and a debit card?
Credit borrows money; debit uses your own funds
What is “compound interest” often called?
The 8th wonder of the world
This legal doc allows someone to make financial decisions for you if you’re unable.
Power of Attorney