Formally defined as two consecutive quarters of negative growth, what is this economic phenomenon?
What is a recession?
100
This is the main reason that Millennials fresh out of college have trouble saving.
What are student loans?
100
The age bracket for this generation is 10 - 30 years old.
What is the Millennial Generation?
100
This is the recommended time a person should start saving.
What is IMMEDIATELY!
100
This form of social media is known for quickly increasing the demand for goods directly mentioned by celebrities.
What is Twitter?
200
The housing bubble was one of the lead causes of what 21st century crisis?
What is the Great Recession?
200
This is the total amount of current student loan debt.
What is $1 trillion?
200
Frequent use of items in this category is one of the leading characteristics of Millennials.
What is technology?
200
Employers match an employee's contribution and the total amount is not taxed unless money is withdrawn in this type of savings account.
What is a 401(k)?
200
This concept is encouraged by streamlined online payment processes, new mobile applications, increased retail websites, credit cards, and express shipping.
What is instant gratification?
300
This group received one of the hardest financial blows from the Great Recession.
Who are people under the age of 35 (Millennials)?
300
This is the average amount of debt for an individual person after graduating college.
What is $26,600?
300
This is the average starting salary that Millennials expect to make.
What is Girls: $114,000. Boys: $173,000?
300
$12,000 is the median amount of what in regard to people aged 25-32?
What is the amount saved?
300
$80,000 is the amount of money that this female reality tv star makes per episode.
Who is Kim Kardashian?
400
In 2009, 25% of people felt that they would not have enough income and assets to______________. In 2012 this number increased to 40%.
What is retire?
400
This economics phenomenon is higher than unemployment and affects a larger portion of recent graduates.
What is underemployment?
400
$43,000 is the average starting salary for an individual graduating with this undergraduate degree.
What is an Economics degree?
400
The statement, “One dollar is worth more today than it is a year from today,” represents this financial theory.
What is the Time Value of Money?
400
This popular television show title plays on the classic phrase “Keeping up with the Jonses?”
What is Keep up with the Kardashians?
500
This feeling has been most negatively affected by the Great Recession.
What is confidence in the financial system?
500
These type of loans can have interest rates as high as 20%.
What are student loans?
500
A Millennial cannot go a day without this device.
What is a smart phone?
500
A professionally managed diversified portfolio that multiple individuals contribute to is this kind of financial plan.
What is a mutual fund?
500
This the approximate amount of time that a Millennial uses technology per day.