Personal Finance Cumulative Flashcard

Front

Something you own.

Back

Asset

Front

This type of investment is the LOWEST RISK and often gives you 4% return.

Back

Bond

Front

A good goal is...

Back

Measurable

Front

This type of bank account allows you to save money for college, tax-free.

Back

ESA

Front

The ease with which an investment can be turned back into cash.

Back

Liquidity

Front

Which is TRUE for teens filing taxes? Options: You want to make sure to list all your charitable deductions. You must check the box "Someone can claim you as a dependent". File your taxes as early as possible in May. Keep track of all of your receipts throughout the year so that you can write off expense deductions.

Back

You must check the box "Someone can claim you as a dependent".