What does MPG stand for?
Miles Per Gallon
The Idea that one should regularly set aside money for savings and long term financial goals
Pay Yourself First
How much does the average new vehicle cost in the U.S.
$50,000
What is the largest company (market cap) in the U.S.
Nvidia
Name one of the two companies that recently crossed over the four trillion dollar mark for market cap.
Microsoft or Apple
Where can you look up the value of your vehicle?
Kelley Blue Book
An organized process of allocating income and investing to achieve one's financial goals.
Financial/investment plan
What kind of car does Mr. Cantrell drive
Tesla
This type of investment can be used to save for college.
A 529 College Savings Plan
What you owe minus what you own
Net Worth
What is the seventeen digit number called that is unique to every vehicle?
The Vin Number
This is a payout of net profits from a company to shareholders
A dividend
How many stickers does a car have on it?
Two, windshield and license plate
An extended time of falling stock values is referred to as a
Bear Market
Capitalization (CAP) refers to the total value of a company described in one of these three ways
Small Cap, Medium Cap, Large Cap
A detailed history of a used vehicle including accident and damage history, the number of past owners, and service records.
Car Fax Report
What is the difference between a bear and bull market?
A bear market is a 20% decline from recent highs and a bull market is a 20% rise from recent lows.
How do you decide if you can afford a car?
What one item can you use?
What two individuals can you speak with?
Loan payment calculator
Loan Officier
Financial Advisor
How do you manage risk in the stock market?
Investing in different types of investments.
When creating your home budget what percentage should be used for needs, wants, and savings?
50-30-20
What is the number one selling small SUV in America?
Toyota Rav 4
Preparing a will is just one example of
Estate Planning
What is the least popular car color?
Purple
What are two ways investors can make money from stocks?
From the rise of the stock and dividends.
What are the three types of accounts you can use for retirement?
IRA, Roth IRA, 401K