Saving and Investing
How many life values is there
What is 4
Its considered the safest bond to invest in
What is a government bond
A plan that documents your income and tracks expenses
What is a budget
Example of a whammy expense
What is a car repair
What is wealth
1830
What is the Indian Removal Act
Involves little risk?
What is savings
Power to print off money to pay off their debt
What is a federal bond
A good budget
What is 50% necessities 30%wants 20%savings
Envelope budgeting is also known as
What is cash stuffing
Most common expression of wealth
What is net worth
January 1st 1863
What is the Emancipation Proclamation
Impacted by the market
What is investing
Can levy income and sales taxes to support their debt payments
What is a provincial bond
Gross pay minus all deductions
What is net pay
Can reduce some expenses by having who
What are roommates
Egyptians once measured wealth based on
What is wheat
Established to financially serve newly freed Black Americans
What is the Freedman Bank
Assets like stocks and bonds
What are investments
Cities, towns and countries use these bonds
What is a municipal bond
Take control of your money and help achieve short and long term goals
What is a purpose of a budget
You should do what when considering a roommate
Business net worth known as
What is shareholders equity - book value
Last formally enslaved people are freed
What is Juneteenth
Amplifies the impact of compounding
What is Time
Yields are higher for what bond
What is agency
You are to know what
What is your expenses
The Fifo system
First in-First out
GDP stands for
What is gross domestic product
System where landlord-planter allows tenant to use the land in exchange for a share of crop
What is sharecropping
Stockholders can what in 2 ways
What is Earn
What bond does Suze Orman recommend
What is a treasury bond
This is typically your monthly bills
What is fixed and recurring expenses
Take advantage of what when buying food
What are weekly sales
Wealthiest corporation is U.S.
Goal of redistributing land previously owned by Confederate land owners to newly freed Black Americans after the civil war
What is 40 acres and a mule
Companies sell them directly to investors
What are corporate bonds
How many years should you wait on your investments to see the better odds
What is 5 years
Expenses that happen daily
What is day to day expenses
Most important factor when buying a car
What is fuel efficiency
Assets passed down through successive familial generation
What is generational wealth
White residents attacked Black residents in Tulsa killing many
What is the Tulsa Race Massacre
Anyone can open this personal retirement account
What is a IRA
Not to have all your eggs in one basket
What is diversification
These are called your whammies
What are non-recurring or random expenses
Growing portion of U.S. working are participating in this
What is gig economy
Most common asset type across all races
What are vehicles
They created a mortgage leading system but stated no homes should be sold to Black families
What is the Federal Housing Administration
A bond that investors can expect to get their money back.
What fund is the S&P 500 in
What is the index fund
A tool you can use for expenses
What is a budgeting worksheet
American household spends most money on
What is housing
Private business ownership is common in
What is white and other households
Jim Crow laws ended
What is 1965
Another word used for junk bond
What is high yield
What fund is bought and sold at the end of each trading day
What is a mutual fund
Biggest expenses in most peoples budget
What are housing, transportation, food
Dave Ramsey
Who is a personal finance expert
Twice as likely to hold stocks
What are white families
What is Redlining