Financial Goal Strategies: Save vs Invest

Financial Goal Strategies: Save vs Invest

Assessment

Flashcard

Social Studies

10th Grade

Hard

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10 questions

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1.

FLASHCARD QUESTION

Front

What is the best way to meet this financial goal? Build an emergency fund before the end of the year.

Back

Save

2.

FLASHCARD QUESTION

Front

What is the best way to meet the financial goal of having a down payment for a house in 10 years? Options: Save, Invest

Back

Invest

3.

FLASHCARD QUESTION

Front

What is the best way to meet this financial goal? Buy a recently released video game system in 6 months

Back

Save

4.

FLASHCARD QUESTION

Front

What is the best way to meet this financial goal? Open a retirement account to help you retire in 40 years.

Back

Invest

5.

FLASHCARD QUESTION

Front

What is the best way to meet the financial goal of having a down payment on a car next year? Options: Save, Invest

Back

Save

6.

FLASHCARD QUESTION

Front

What is the best way to meet the financial goal of building wealth over your lifetime? Options: Save, Invest

Back

Invest

7.

FLASHCARD QUESTION

Front

What type of investment is an electronic investment gift from the Treasury Department that is a loan to the government, purchased for $25, with repayment and interest collected at the end of the term?

Back

Bonds

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