You earn interest on your original savings and on interest already earned.
Time: 15 seconds
What is compound interest?
Buying shares of an S&P 500 index fund instead of one company helps reduce company-specific risk through this strategy.
Time: 15 seconds
What is diversification?
This biblical principle means managing money and resources as something entrusted to you by God.
Time: 15 seconds
What is stewardship?
A property is worth $300,000 and has a $225,000 mortgage balance. This is the owner’s equity before selling costs.
Time: 30 seconds
What is $75,000?
On Shark Tank, an entrepreneur asks for $100,000 for 10% ownership. This is the implied valuation after the investment.
Time: 30 seconds
What is $1 million?
Your savings earn 3% in a year, but prices rise 5%. Your money has lost this.
Time: 15 seconds
What is purchasing power?
A company beats earnings expectations, but lowers its forecast for future results. Investors use this term for that forward-looking outlook.
Time: 15 seconds
What is guidance?
Proverbs tells us to observe this small creature, which stores provisions without needing a ruler to supervise it.
Time: 15 seconds
What is an ant?
A rental collects $3,000 monthly. Operating expenses total $1,000 and the mortgage payment is $1,400. Before reserves and income taxes, this is its monthly cash flow.
Time: 30 seconds
What is $600?
Beats founders Dr. Dre and Jimmy Iovine sold their company to this tech giant in 2014.
Time: 15 seconds
What is Apple?
One loan charges 8% interest but has large fees. This three-letter measure helps compare its annual borrowing cost with another loan.
Time: 15 seconds
What is APR?
A stock trades at $60 and the company earns $3 per share annually. This is its price-to-earnings ratio.
Time: 30 seconds
What is 20 times earnings?
Before rebuilding Jerusalem’s wall, Nehemiah inspected the damage at night. His actions demonstrate this practical step before committing resources.
Time: 15 seconds
What is assessing the situation or planning?
A property produces $24,000 in annual net operating income and costs $300,000. This is its capitalization rate.
Time: 30 seconds
What is 8%?
Michael Jordan’s long-running Nike partnership shows the earning potential of this payment structure, which pays a percentage of product sales.
Time: 15 seconds
What are royalties?
A business sells a product for $50. Each unit costs $30 to make and deliver. With $2,000 in fixed costs, it must sell this many units to break even.
Time: 30 seconds
What is 100 units?
You buy a stock at $100. It falls 20%. It now needs to rise by this percentage to get back to $100.
Time: 30 seconds
What is 25%?
In Jesus’ parable of the talents, the servant given five talents earned this many additional talents.
Time: 15 seconds
What is five?
A buyer takes ownership and makes payments on the seller’s existing mortgage, while the loan remains in the seller’s name. This financing structure is called this.
Time: 15 seconds
What is buying “subject to” the existing mortgage?
An AI tool confidently invents a source or gives a convincing but false answer. This behavior is commonly called this.
Time: 15 seconds
What is an AI hallucination?
You invest $20,000 in a business and receive $5,000 in annual profit distributions. Excluding changes in the investment’s value, this is your annual cash-on-cash return.
Time: 30 seconds
What is 25%?
You want to buy a stock only at $50 or less, even though it currently trades at $55. You would place this type of order.
Time: 15 seconds
What is a limit order?
In Nehemiah 5, Nehemiah confronted wealthy Jews for charging their struggling countrymen this, deepening their financial hardship.
Time: 15 seconds
What is interest?
A rental produces $36,000 in annual net operating income and has $30,000 in annual debt payments. This is its debt-service coverage ratio.
Time: 30 seconds
What is 1.2, or 1.2 times?
An AI assistant reads an email, updates a CRM, and schedules a follow-up using connected tools. This term describes an AI system that takes actions toward a goal.
Time: 15 seconds
What is an AI agent?