saving and investing

an account at a depository institution that is used for a fixed period of time and allows restricted access to the funds deposited.

• certificate of deposit

• checking account

• depository institution

• money market deposit account

an account that allows quick access to funds for transactions

• certificate of deposit

• checking account

• depository institution

• money market deposit account

businesses that provide financial services

• certificate of deposit

• checking account

• depository institution

• money market deposit account

an account at a depository institution that usually has minimum valance requirements and tiered interest rates

• certificate of deposit

• checking account

• depository institution

• money market deposit account

an account at a depository institution that is designed to hold money not spent on current consumption

• saving account

• saving tools

• tiered interest rate

• compound interest

accounts offered by depository institutions whose main purpose is to help people manage their money

• saving account

• saving tools

• tiered interest rate

• compound interest

the amount of interest earned depends on the account balance

• saving account

• saving tools

• tiered interest rate

• compound interest

earning interest on interest

• saving account

• saving tools

• tiered interest rate

• compound interest

the purchase of goods and services

• consumption

• do it yourself

• emergency savings

• interest

when you complete a task yourself rather than paying someone else

• consumption

• do it yourself

• emergency savings

• interest