Definitions
Expenses
The money you're spending. This includes everything you buy, such as food, concert tickets, or even a pack of gum.
refers to the talent and expertise a person possesses to perform a certain job or task
Job skills
What is celebrated on December 25?
Christmas
Who is the leader of the club?
Samhitha
Savings account
a type of savings vehicle in which interest is earned on the deposit amount (principal). Savings accounts usually require a minimum balance, offer lower interest rates, and have restrictions on the number of withdrawals allowed within a given time period.
a payment type that allows you to make purchases using money directly from your checking account
Debit Card
How much does the average American currently spend on gifts and holiday items? (100 give or take)
$1000
What number meeting is today?
meeting #7
Revenue
the amount of money a business makes within a specific time period, typically a month
a monetary fee you are charged for borrowing money
Interest
In the song "The Twelve Days of Christmas," what is given on the seventh day?
Seven swans a swimming
Direct deposit
when money is automatically transferred into your account electronically
the amount you pay the insurance company for coverage, typically paid each month
Premium
What country has a tradition of eating KFC on Christmas day?
Japan
When is our next meeting (exact date), assuming that we will continue our schedule of meetings?
1/16/2024
Business Cycle
Business cycles are a type of fluctuation found in the aggregate economic activity of a nation -- a cycle that consists of expansions occurring at about the same time in many economic activities, followed by similarly general contractions (recessions). This sequence of changes is recurrent but not periodic.
interest on savings calculated on both the initial principal and the accumulated interest from previous periods.
Compound Interest
Which American pop singer spent her early years growing up on a Christmas tree farm run by her parents?
Taylor Swift
What are the 5 units of our club?
Money in Our Lives, Budgeting, Credit, Saving, and Investing