Budgeting & Saving
This common budgeting strategy divides your income into needs, wants, and savings.
What is the 50/30/20 Rule?
This is actively managed and made up of many different stocks.
What is a Mutual Fund?
The amount you pay for insurance.
What is a Premium?
The company with the highest market cap.
What is Apple?
This fund, typically covering 3-9 months of living costs, is used to cover unexpected expenses.
What is an Emergency Fund?
This conisists of commodities like oil and gold.
What is an Exchange Traded Fund (ETF)?
This type of insurance is legally required in most states.
What is Auto Insurance?
This was the price the most expensive NFT (The Merge) sold for.
What is $91.8 million?
This number (ranging from 300-850) is used to determine your reliability in paying back a loan.
What is a Credit Score?
This type of investment is basically a loan given to a company or the government, which you gain interest on over time.
What is a Bond?
Money collected from this tax is used to fund local serives like schools, roads, and the police.
What is Property Tax?
The average credit card debt per household in the US.
What is $6,380?
This type of bank account locks your money for a longer period of time, but rewards you with a higher interest rate.
What is a Certificate of Deposit (CD)?
The S&P 500 and NASDAQ are examples of this tool that is used to measure stock market trends.
What is a Market Index?
This type of tax is paid on profits from investments.
What is a Capital Gains Tax?
Raven, a chimpanzee, achieved this percent gain by selecting stocks with darts thrown at a list of companies.
What is 213%?