Dollars & Sense
Longtime Starbucks CEO Howard Schultz was the owner of what now-relocated NBA franchise from 2001-2006?
Seattle SuperSonics
What is the general name for the total amount of money a person or organization owes to lenders?
Debt
What is the part of a home’s purchase price that you pay for up front?
Down Payment
These scams occur when thieves pretend to be legitimate companies trying to collect personal information
Phishing
What term describes spreading your money across different types of investments to reduce risk?
Diversification
A CD is a savings instrument which typically earns more interest than a savings account but is bound by limits set within a contract. What does CD stand for?
Certificate of Deposit
This term describes the cost of borrowing money, usually expressed as a percentage of the principal.
Interest
What obligation is the primary difference in cost between owning a home versus renting a home?
Property Tax
What should you never click on in suspicious e-mail if you are unsure of the source or reason for receiving it?
Links or Attachments
This type of investment allows you to pool your money with other investors to invest in a portfolio of stocks, bonds, and other securities.
Mutual Fund
A 401(k) is a type of tax-advantage defined-contribution account designed to help you save for what withdrawal from working life?
Retirement
This document contains a detailed record of your credit history, including accounts, payments, and inquiries
Credit Report
If you have a home worth $500,000 and you have $200,000 left to pay, how much is your home equity?
$300,000
Which critical bit of personal information should you always keep as safe as possible (and don’t carry the card)?
Social Security Number (SSN)
What is the name of someone who buys and sells securities on behalf of a client?
Stockbroker
The rise in the average costs of good/services over time.
Inflation
If you can’t pay back your debts, you may have to file for what?
Bankruptcy
What does “ARM” stand for?
Adjustable Rate Mortgage
What should always contain more than eight characters, with a mix of letters, numbers, and symbols?
Passwords
Who is the famous investor known as the “Oracle of Omaha”?
Warren Buffet
How much does the FDIC insurance money up to?
$250,000
What is the process lenders take when trying to get back money owed to them?
Collections
What type of insurance is required when you put less than 20% down towards a home purchase?
PMI (Private Mortgage Insurance)
This manipulation technique is also called “human hacking” and involves luring users into exposing data
Social Engineering
Created in 2009, this was the first decentralized cryptocurrency
Bitcoin