The process of putting money into financial schemes to turn a profit.
What is investing?
What is a Savings Account?
This is the natural increase of prices in an economy.
A loan specifically meant for purchasing real estate.
What is a mortgage?
What is demand?
This is a partial ownership in a company.
An individual retirement account type that is funded with after-tax dollars.
What is a Roth IRA?
This term values all goods and services in a country, all pooled into into one.
When money spent exceeds revenue.
What is a Deficit?
This term refers to a situation where quantity demanded exceeds quantity supplied.
What is a shortage?
This is the term used to describe the amount of gain you get from an investment.
What is return on investment? (ROI)
What are needs?
The term used to show economic decline in a country, often marked with two consecutive quarters of decreasing GDP.
What is a Recession?
What are variable expenses?
This is a concept that explains a point where quantity demanded EQUALS quantity supplied?
What is equilibrium price?
These are funds pooled together from multiple investors to purchase a large amount of stock.
What are Mutual Funds?
The most popular form of Long-term savings circumstances.
What is retirement?
This economic indicator tracks the overall level of prices in an economy for consumers.
What is Consumer Price Index? (CPI)
This method involves adjusting budgeting based on spending rather than a fixed, predetermined amount.
What is a rolling budget?
This principle states that an increase in the price of a good will lead to an increase of quantity supplied.
What is Equity?
This strategy refers to having at least 6 months worth of living expenses saved for drastic measures.
This term relates to when an economy has a rising inflation rate, but the economy is not growing nor contracting.
What is Stagflation?
A common budgeting strategy/rule, often used to track a specific amount of income each month (HINT: three numbers).
What is the 50/30/20 Rule?