Personal Finance

The cost of borrowed money, usually expressed as a percentage.

• interest
• savings plan
• scarce
• purchase

The first step of financial freedom;
$500 for teens; $1,000 for adults

• mutual fund
• emergency fund
• sinking fund

What is a budget?

• A plan for how money will not be used

• A plan for how money will be used

• The amount you spend

• The amount you save

What is income?

• The amount you spend

• The amount you don't save

• Money taken in

What is variable expense?

• The amount of money you spend

• The amount of money you save

• An expense that costs different amounts every month

• The variable in math

What is repossess?

• To not take back an item

• To take back possession of something

• To share a company

Are these stocks?

• True

• False

What is real investment?

• putting money into stocks and bonds

• putting money into something physical

• putting money into banks

• stealing banks

What does this represent?

• Spending money

• Spending pennies

• Saving money

• interest

What is this called?

• A Check

• A credit card

• A debit card

• Money Order