Account Risks
Vocab
Credit vs Debit
Insurance
Short,mid,or long term goal?
100
What is low risk
Savings Accounts Certificates of Deposits have what risk?
100
what is money paid on money you owe
What is interest ?
100
what is a credit card
What is a card used to buy goods that will be paid for later ?
100
Car insurance
What insurance do you get for your automobile?
100
What is a short term goal
Buying a car is an example of what kind of goal ?
200
What is medium risk
Bonds have what risk?
200
What is a business that provides money related services
What is a financial institution?
200
What is a debit card
What is a card that automatically takes money out ?
200
What is true
True or false : insurance can cut down on costs if anything happens ?
200
What is a short term goal
saving for a vacation that is in 2 years , is what goal?
300
What is low to high risk
Mutual funds have what risk?
300
What is to save amount from paycheck for future use
What is pay yourself first (PYF)
300
what is a pro
Is it a pro or con to may the maximum on a credit card bill?
300
What is true
True or false : Insurance policies tell you what is covered and what is not ?
300
What is a mid-term goal
Saving 6 years to adopt a dog is what goal?
400
What is medium to high risk
A company that you buy part of has what risk?
400
what is the amount paid for an insurance policy
What is a premium ?
400
What is true
True or false : Credit card companies target more young people to get credit cards
400
What is true
True or false : Insurance sometimes doesn't cover everything?
400
What is a long term goal
Buying a home can be considered what goal?
500
What is low risk
An account that earns higher interest has what risk?
500
What is money paid out of pocket before insurance covers anything
What is a deductible / co-pay
500
What is false ; you can still overdraw your account and be in debt
True or false : Debit cards can give you no debt whatsoever ?
500
What is home , auto , medical insurance
What are some types of insurance ?
500
What is short, midterm, and long goal?
Getting married can be considered what king of goal? (Hint:it's more than one)
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