Savings and investing vocab

The interest calculated on both the principal and the accrued interest.

• Simple Interest

• Compound interest

• IRA

• Rule of 72

The amount of time it takes for money to double in value when invested.

• Rule of 2

• Maturity date

• Rule of 72

• Expenditure rate

The chance you take when you invest.

• Risk

• Interest

• loss

• growth

Saving accounts can be easily converted to spendable money so it is...

• Mutual funds

• high growth rate

• Liquidity

• solidity

401K is a work-sponsored...

• IRA

• Retirement plan

• Government bond

• investment into your work stock

Taking a certain amount of money you earn monthly and putting it into saving, as a discipline

• rule of 72

• pay yourself first rule

• being an adult

• rule of return

A pool of money invested by professions into a group of stocks. WIth medium risk

• High end stocks

• mutual finds

• savings account

• IRA

Shares in a company a part ownership in a specific company.

• Stocks

• bonds

• certificates

• asset

An account for unexpected expenses: such as car break down, surgery, the new roof needed on the home.

• investments

• emergency fund

• rations

• quick loans

The amount of money paid or earned for the use of money.

• Simple interest

• rate of return

• compound interest

• debt