Savings and Investings

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

• Checking account

• Savings account

• Savings tools

• Certificate of deposit

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

• Checking account

• Certificate of deposit

• Money market deposit account

• Savings account

Businesses that provide financial services

• Tiered interest rate

• Savings tools

• Certificate of deposit

• Depository institution

The amount of interest earned depends on the account balance

• Tiered interest rate

• Depository institution

• Savings tools

• Money market deposit account

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

• Checking account

• Savings tools

• Money market account

• Savings account

An account that allows quick access to funds for transactions

• Savings account

• Depository institution

• Savings tools

• Checking account

An account at a depository institution that usually has minimum balance requirements and tiered interest rates

• Monet market deposit account

• Tiered interest rate

• Depository institution

• Checking account

Cash set aside to cover the cost of unexpected events

• Consumption

• Liquidity

• Emergency savings

• Trade-off

Savings for the future by putting money aside before paying regular monthly bills or using income for discretionary purchases

• Pay yourself first

• Intereset

• Saving

• Principal

The original amount of money saved or invested

• Liquidity

• Interest

• Principal

• Trade-off