Savings and Investment

What are the two options for investing?

• Invest in yourself and invest in a business.
• Invest in multiple companies and invest in someone's education
• Invest in gold and invest in banking
• Invest in time and invest in yourself

What are some of the different options for saving?

• Savings accounts, checking accounts, debit accounts, and credit cards
• Time deposit, savings account, CDs, and  Money Market
• Federal deposit insurance corporation
• Investing in entrepreneurs

Why should you save?

• Family Vacation
• Car down payment
• Retirement
• All of the above

How much savings should you have?

• 3-6 months worth of expenses
• 1 year of expenses
• 2 years of expenses
• 1-2 months of expenses

Most Americans have an emergency fund and money saved for retirement

• True
• False

A savings account should be used for daily purchases

• True
• False

A speeding ticket is an item that you would use money from an emergency fund for

• True
• False

If your savings account rate is lower than the inflation rate -you will make money

• True
• False

Fill in each blank with one word:
Research has shown that the more money you ____________, the _________ you feel.

• Spend, Better
• Earn, Happier
• Save, Sadder
• Save, Happier

Money paid to you by a financial institution when you deposit funds there.

• Allowance
• Income
• Interest
• Tips

Tags

CCSS.7.RP.A.3