Budgeting
Sticking to it is hard.
What is a budget?
$500-1,000
What is a beginner emergency fund?
15% of your household income.
What is a Roth IRA or other pre-tax retirement plan?
10% of my income
What is tithe?
The Stock Market averages a growth rate of______ every year.
10%
You will not win with money by ______.
What is accident?
3-6 months of expenses
What is a full emergency fund?
Earnings on both the money you made and the interest you earn.
What is compound interest?
A steward is a ________, not an owner.
What is a manager?
Your house payment should be no more than _____% of your income.
What is 25%?
Budgeting is crucial to your _______.
What is success?
If I want to know how long it will take me to save a million dollars over a designated period of time, I can use a ________________.
What is a compound interest calculator?
Investments funded by shareholders, traded in diversified holdings, and professionally managed.
What is a mutual fund?
Offerings are over and above your _________.
What is a tithe?
Spending money you don't have will always keep you _________.
What is broke?
(debt is also an acceptable answer)
Couples who agree to a written plan will remove many of the ________ _________ that plague most marriages.
What are money fights?
Another term for not putting all your "eggs in one basket", is a ___________ _________________.
What is a diversified portfolio?
A loan to a bank or institution given for a set time at a fixed rate.
What is a bond?
"Surplus wealth is a sacred trust to be managed for the ______ of ______." -Andrew Carnegie
What is "good of others?"
The best way to achieve wealth is to start ________.
What is young?
(now, or early)
A written plan will remove a lot of _______ ________ ________, that may be associated with essential purchases.
An investor mentality and phrase popular in personal finance and retirement planning that means automatically routing a specified savings contribution from each paycheck at the time it is received.
What is "Paying yourself first"
Capital raised by a business or corporation the issue of shares.
What is a stock?
Understanding we don't give everything away and start over, because when we do we lose the ______ to _____.
What is the power to help?
Technical term for someone who manages others money.
What is a Certified Financial Analyst (CFA)?