Investing
Setting money aside to increase wealth over time
What is Investing?
Individual Retirement Account
IRA
a person who receives assets from the death of a friend or family member
A beneficiary
"It'll all work out fine"
What is a free spirit
A store to buy someone's shirt
Consignment
Securities that represent part ownership of a company
What are Stocks?
Roth
After tax money to use in retirement
Being obligated to pay
liability
Negotiate
Men prefer this for good deals
Honest and moral attributes
Integrity
A market in which short-term financial instruments are traded
Money Markets
A good long-term investment
Mutual Fund
the amount you pay before insurance pays out
Deductible
I owe it to myself
Impulse Buying
Emotional, Visual, Immediacy
Cash
A savings account with a slightly higher interest rate because of longer commitment
Certificate of Deposit
Retirement savings plan offered by employers
401K
Seven (7)
Basic types of Cpoverage
Money fights
#1 cause of divorce
Garage Sales, Flea Market, Facebook Marketplace
Places to find a deal
When a company gives you an I.O.U.
Bond
403b
retirement account from non-profits
Term, Whole, Self
Types of Life Insurance
Value System
The flow of $ is a family
Lucky 7
Rules to get a good deal