Money Basics
Benjamin Franklin said that nothing is guaranteed except death and _________.
Taxes
MLK Jr. graduated from which HBCU?
She become one of the first self-made millionaires in America by building a hair-care business for black women.
Madame C.J. Walker
The management of your own finances including income, savings, expenses, goals, etc.
Personal Finance / Financial Planning
The _______ market is when stock prices are consistently rising in valuation.
Bull Market
What is the money you can spend, after bills are paid, from your paycheck called?
He majored in this study of how people behave in groups and how power, money, race, and opportunity shape outcomes.
Sociology
This media mogul, an HBCU grad from Tenn. State University, built wealth through TV, film, and publishing.
Oprah Winfrey
What does Dave Ramsey hate that 80% of Americans have?
Debt
What is the name of the symbol to look up a company's stock?
Ticker
S.M.A.R.T
Reconstruction
This Black-owned media company shaped Black culture for decades through magazines like Ebony and Jet.
Johnson Publishing Company
How much should you save/invest per paycheck?
10%-20%
What has historically had the highest rate of return over long periods of time?
Stocks
Rent is an example of what type of expense that is same every month
Fixed
Dr. King said, “What good is having the right to sit at a lunch counter if you can’t afford to buy a hamburger?”
What issue was he highlighting?
Economic inequality or Poverty
Which NBA superstar is known not only for building billionaire-level wealth, but also for investing heavily in education, community institutions, and social justice while still playing?
Lebron James
What's it called to have multiple types of investments?
Diversification
What investment strategy would you recommend to a young person? conservative, moderate, aggressive, etc?
Aggressive
You may have this piece of plastic that is really cash, NOT credit.
Debit card
True / False: MLKjr started the free breakfast program for school children.
False. The Black Panther Party started the program in 1969 in Oakland and 36 other cities.
Robert F. Smith, one of the wealthiest black men in the country, built his fortune in this type of investment firm buying software companies and later made a historic gift to this HBCU.
Private Equity / Morehouse Class of 2019 school loans
Resources with economic value, what you own
Assets
This concept made Warren Buffett one of the richest people in US.
Compounding interest