Money goals
Make your money work
I'm Interested!
My Money
Investments
100
a bank account that earns interest.
What is a savings account
100
To have a strong feeling to have (something); wish (to possess or do something);
What is wants?
100
The amount borrowed or the amount still owed on a loan, separate from interest.
What is principle?
100
An account that is used to set aside funds to be used in an emergency, such as the loss of a job, an illness or a major expense.
What is an Emergency Fund?
100
abbreviation for Certificate of Deposit
What is CD
200
An account that is used to set aside funds to be used in an emergency, such as the loss of a job, an illness or a major expense.
What is Emergency Fund?
200
The buying of goods without planning to do so in advance, as a result of a sudden whim or impulse.
What is impulse buy?
200
Accounting concept that the operating cycle of a firm can be divided into distinct accounting periods (a month or a quarter, for example) of relatively short lengths for which accounting information can be collected, matched, and reported in a timely manner.
What is time?
200
A certificate issued by a bank to a person depositing money for a specified length of time.
What is a certificate of deposit
200
Where is the NY Stock Exchanged located?
What is Wall Street
300
Something you want to do in the near future. The near future can mean today, this week, this month, or even this year.
What is a short-term goal?
300
The practice of comparing the price of products or services from different vendors before buying.
What is comparison shopping?
300
The gain or loss on an investment over a specified period, expressed as a percentage increase over the initial investment cost.
What is Rate of Return?
300
A non-financial account that pays interest based on current interest rates in the money markets.
What is a money market account?
300
These bonds have very high risk but good return.
What is Junk bonds?
400
Goals that take a long time to achieve.
What is a long-term goal?
400
Is the sense of regret after having made a purchase. It is frequently associated with the purchase of an expensive item such as a car or house. It may stem from fear of making the wrong choice, guilt over extravagance, or a suspicion of having been overly influenced by the seller.
What is Buyers Remorse?
400
This is a normalized representation of an interest rate, based on a compounding period of one year. APY figures allow for a reasonable, single-point comparison of different offerings with varying compounding schedules.
What is Annual Percentage Yield?
400
A bond issued by the government and sold to the general public.
What is a savings bond?
400
This is a safe place to invest money. You can pick low, medium or high risk investments.
What is Mutual Funds?
500
interest added to the principal of a deposit or loan so that the added interest also earns interest from then on. This addition of interest to the principal is called compounding.
What is compound interest
500
Cannot avoid or help doing something.
What is needs?
500
A quick method of calculating the interest charge on a loan.
What is simple interest?
500
A deposit account held at a bank or other financial institution that provides principal security and a modest interest rate.
What is a regular savings account?
500
This is a non-financial account that pays interest based on current interest rates.
What is Money Market Account?
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