Saving Money Takes Discipline
45% of Americans have less than $1,000 saved for a(n)
What is emergency?
It's not an IF an emergency will happen, but...
What is when?
Once you have a $500 emergency fund, you should...
What is save it until you have an emergency
What is the Third Foundation?
What is pay cash for your car?
The interest rate on a saving account determines...
What is the amount of time your money will be in the account?
While saving money isn't easy at first, it will make your life a lot ____________ in the future if you make it a habit now
What is easier?
If you really want to save money, you've got to...
What is live on less than you make?
The only place you should keep your emergency fund money is...
What is a savings account or money market account?
Which two habits are the most important for building wealth and becoming a millionaire?
What is consistently investing money and patience to give it time to grow?
Why do some accounts, like savings accounts at your local bank, earn interest?
What is because the bank pays you to use your money
Your car battery dying would be a legitimate reason to use your ____________
What is emergency fund?
You'll have less freedom with you money if you...
What is are paying for things in your past?
The purpose of an emergency fund is to...
What is be able to cover an unexpected expense with cash and protect you from having to pile up debt when something goes wrong?
What is emergencies, large purchases, and wealth building?
_________ is a millionaire's best friend.
What is compound growth?
One of the main reasons we build wealth is so that we can...
What is give to those in need?
What is the goal of an emergency fund?
What is to have cash on hand for unexpected events?
Why do stores rarely advertise the full price of big purchases like smartphones?
What is by showing you only the monthly payment they make the product seem affordable?
Once you're out of school, have started your career, and have zero debt, your emergency fund should have _______.
What is 3-6 months of living expenses?
Compound interest is earned at a fixed rate, while _____ is an average based on an investment's past performance
What is compound growth?
Which principle says that a certain amount of money today is worth more than the same amount in the future?
What is the time value of money?
The amount of interest charged on a debt but not yet collected is called...
What is accrued interest?
The first step you should take when you want to make a large purchase is...
What is decide how much you'll need to save and the time frame you want to save it in
The best way to build wealth is to start investing early. You should start investing money...
What is once you're out of college, living debt-free, and have 3-6 months of living expenses saved
The top three careers reported among millionaires were...
What is accountants, engineers, and teachers?