AQR Savings

What is the recommended amount to save from each paycheck?

• 5%

• 10%

• 15%

• 20%

Tags

CCSS.6.EE.B.6

When should you start saving or investing?

• 10 years after your first job

• After you have purchased your first home

• Now

• After you have your first child

Identify the scenario as Saving, Investing or Neither:

Giving your best friend $2500 to help start his business, in exchange for 10% of his monthly profits.

• Savings

• Investing

• Neither

Identify the scenario as savings, investing or neither:

You have your weekly paycheck direct deposited into your checking account.

• Savings

• Investing

• Neither

Identify the scenario as savings, investing or neither:

Putting $25 per paycheck for your Christmas ski trip.

• Savings

• Investing

• Neither

Tags

CCSS.6.EE.A.2C

Identify reasons we impulse buy. Check all that apply.

• Fear of missing out on a good deal

• The item comes with a "gift with purchase"

• Extra money left from paycheck

• Enjoy the "feeling" of shopping

Tags

CCSS.RL.5.6

How can Facebook destroy your finances?

• They begin to charge you a fee to use Facebook

• Buy items/trips based on what you see your friends doing

• You are required to purchase at least 5 items per month from the adds that pop up

• Facebook has the technology to get into your online bank

The number of people living paycheck to paycheck is:

• 13%

• 24%

• 47%

• 83%

How do credit cards encourage extra spending? Check all that apply.

• Ease of using a card

• Incentives for using a credit card

• Images of credit cards posted around businesses

• Don't see the cash leaving your wallet

Tags

CCSS.RI. 9-10.8

CCSS.RI.11-12.5

CCSS.RI.11-12.8

CCSS.RI.8.5

CCSS.RI.9-10.5

What is the biggest way to counter the effects of inflation?

• Savings

• Work an extra job

• Don't spend money on vacations

• Rent your home instead of owning your home