JA section 2

An example of a financial institution is all of the following except which one?

• school
• bank
• credit union
• savings and loan

Bonds are what?

• small parts of a company
• loans to cities or the government
• part of a bank
• taxes

Giving up one thing to buy something else, also known as financial choice, is called?

• that stinks
• spending
• gambling
• opportunity cost

Interest can be good or bad. When you have a savings account the interest is paid to who?

• credit card
• you
• your employer
• the government

Investing is different than saving because?

• in investing you might lose the money
• in investing you might make a lot more money
• in investing there are more options where to put your money
• all of the above

One example of how to make a million in stocks with only a $1000 investment was what company?

• Apple
• King Soopers
• Verizon
• all of the above

Pay yourself first (PYF) helps people do what?

• save money
• spend money
• make money
• eat money

Paying your insurance company involves paying the what?

• option
• invoice
• premium
• stock

What is an insurance deductible?

• amount taken for advertising 
• sickness not covered
• the monthly bill
• amount you pay before the insurance pays anything

What is the form called you fill out to get money for college?

• tridelt 150
• switchon 
• fafsa
• getschool