MONEY
This type of account is best for paying bills and making daily purchases.
What is a checking account?
This type of account lets you buy and sell stocks, bonds, and ETFs.
What is a brokerage account?
With this IRA option, contributions are taxed now, but withdrawals in retirement are tax-free.
What is Roth IRA?
*HINT* It is different from a checking account
What is a high-yield savings account?
This account helps you save for retirement and comes in traditional and Roth forms.
What is an Individual Retirement Account (IRA)?
This account type is not just for spending - keeping a buffer here can prevent overdraft fees.
A checking account is the safest place for your paycheck if you need [BLANK] access for bills and spending.
What is quick/immediate?
This financial tool can help you build a score for future loans, but it comes with the risk of debt if misused.
What is credit?
The best time to start saving for retirement.
What is ASAP?
[BLANK] accounts let you buy shares of companies like Apple and/or Tesla.
What is brokerage?
Although meant for investing, you can also use this account for day-trading or long-term wealth-building.
What is a brokerage account?
Using more than [BLANK]% can hurt your credit score, making it harder to borrow later.
What is 30%?
If you want your savings to decline faster than in a checking account, you should not use a high-yield savings account.
True or false?
What is true?
The easiest type of expenses to adjust.
What are flexible/variable expenses?
When you reinvest dividends instead of cashing them out, you are building more of these.