Saving and Investing (JA FInance)

Front

To commit money to gain a profit or earn a interest is ________.

Back

Invest

Front

Carly has to go to the doctor today. Before she goes in, she grabs her Insurance card along with 20 dollars for her _________.

Back

Copay/ Deductible

Front

An IOU issued by a company, municipality or the federal government in exchange for a loan from an investor.

Back

Bond

Front

There are several ways to save your money. Some long-term saving options are stocks and ______?

Back

Bonds

Front

What does PYF stand for?

Back

Pay Yourself First

Front

What are two short-term savings options? Options: Savings account & Certificate of Deposits, Stocks & 401(k) Retirement account, Risk & Investment, Bonds & Mutual Funds

Back

Savings account & Certificate of Deposits

Front

What are two long-term savings options?

Back

Stocks & Mutual Funds

Front

Carl borrowed $1300. When he looked at his monthly statement, it said he owed more than $1300. What is the fee that is added to the principal?

Back

Interest

Front

What term am I referring to when choosing to spend $20 on a movie and popcorn instead of saving it for your college fund, or giving up a night with friends to save $20?

Back

Opportunity Cost

Front

The amount of money originally invested.

Back

Principal