Finding a Job/ Donating to a Worthy Cause
The effect that having more education has on one’s salary.
What is it leads to a higher salary?
One reason to start a savings account.
What is to prevent foolish spending/ to pay for a big expense--e.g. college tuition./ to check to see if you are spending money foolishly?)
One way a stock is different than a bond.
What is the fact that a stock represents a share of ownership in the company and a bond is a loan to the company?
One suggestion we discussed in class about spending wisely
What is preparing a shopping list/ avoid impulse buying/buy only items that you need, not items you want?
This is one advantage of buying on credit.
What is the fact that certain purchases can only be made using credit cards/ one can take advantages of sales without having money on hand/ credit cards can come in handy in case of emergencies?
One important job benefit employers provide to employees besides salary, vacation and sick days.
What is health insurance/ life insurance/ or a retirement plan?)
This term describes the concept of saving money before spending it on anything else.
pay yourself first
One advantage that bonds have over stocks.
What is the fact the bonds are a less risky investment than stocks
The term used to describe the act of checking prices in more than one store before buying an item.
What is comparison shopping
One disadvantage of buying on credit.
What is buying something we can’t afford/ we pay costly interest charges on unpaid balances/ we tie up future income to pay off credit bills?
Teens in NYC can volunteer to one of these agencies, as a way of giving even if a person has very little money.
What is NYCares / Green Teens / Meals on Wheels/ Red Cross / Food Bank?)
One advantage of using a certificate of deposit over a basic savings account.
What is the fact that it pays a higher interest rate?.)
The definition of risk tolerance.
What is the level of chance that a person is willing to take when investing?
In creating a budget one makes a list of items that fall into one of these two groups.
What are income/ expenses?
One way of raising a person’s credit score.
What is paying off all loans/ not applying for too much credit/ always paying bills on time