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Banking
Saving
Investing
Budgeting/ Fin Lit Review
Civics Review
100

A form of payment that electronically pulls funds from your checking account.

What is a debit card?

100

Savings accounts that have higher interest rates than traditional savings accounts.

What are high yield savings accounts?

100
The idea that stock valuation can decrease.

What is risk?

100

Income before taxes.

What is gross income?


100

The first Ten Amendments to the Constitution.

What is the Bill of Rights?

200

The primary role of the FDIC.

What is to insure deposits?

200

The best accounts for saving for retirement.

What are 401(k) or IRA?

200

The type of investment with the highest risk.

What are individual stocks?

200

Income after taxes.

What is net income?

200

The branch of government with a cabinet and departments headed by secretaries.

What is the executive branch?

300
How banks make money.
What is charging more interest than they pay out?
300

Hector knows that in two years he will need to purchase a car. He wants to start saving money so that he can purchase the car when the time comes. This is the type of account he should open. 

What is a certificate of deposit?

300

The type of interest that will provide you with the most growth over time.

What is compound interest?

300

If Chris works as an accountant during the week and tutors on the weekends, the total amount of money he makes is called this.

What is adjusted gross income?

300

The length of a Senator's term.

What is 6 years?
400

A disadvantage of storing your money in a checking account.

What is it will earn no interest?

400

Having varying degrees of risks across your investments.

What is diversification?

400
Minako works for a large appliance manufacturing company that offers a tax-deferred retirement savings plan to each of its employees. Minako invests $50 from each of her paychecks in the plan; her employer matches her investment $.40 for each. Minako opened this account.


What is a 401(k)?

400

Tax on inherited items.

What is estate tax?

400

Name one of the leaders in Congress.

What are Senate Majority/Minority Leader, Speaker of the House, President Pro Tempore, House Majority/Minority Leader?

500

Alexa keeps forgetting to pay her rent on time each month and is having to pay late fees. In order to stop forgetting, Alexa sets up this type of payment.

What is an automatic withdrawal?

500

The initial amount of money deposited into a savings account.

What is the principal amount?

500

Investing $17500 and receiving a $700 dollar return is a good or a bad investment.

What is a good investment?

500

Tax form independent contractors use.

What is a 1099?

500

Amendment procedure.

What is proposal passes 2/3 of both Houses of Congress, and 3/4 of the state legislatures?