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How to become a millionaire

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

A financial plan to balance spending and saving

a)

Budget

b)

Interest

c)

Reinvest

d)

Stock

2.

Interest that is paid on interest that you have already earned

a)

Deposit

b)

Compound Interest

c)

Investment strategy

d)

Frugal

3.

To place for safe keeping, especially in a bank

a)

Stock

b)

Deposit

c)

Interest

d)

Focus

4.

When your attention is concentrated on one specific issue, idea, problem or goal

a)

Frugal

b)

Focus

c)

Immature

d)

Lost in the sauce

5.

To be careful with money, thrifty, a penny pincher

a)

Rich

b)

Frugal

c)

Famous

d)

Broke

6.

A fee charged for borrowing money

a)

Stock

b)

Interest

c)

Taxes

d)

Dues

7.

A plan for putting your money to use in a way that has the potential for it to grow in value

a)

Welfare

b)

Investment strategy

c)

Burying money in the back yard

d)

Careless spending

8.

To take money you have earned from your business and put it back into your business to make it grow

a)

Capital One

b)

Independent financing

c)

Reinvest

9.

An account that is used for saving money and not spending it. These account usually earn interest on the money that is deposited in them, however its very low interest

a)

Stocks

b)

Deposits

c)

Savings Account

d)

Money market accounts

10.

Shares representing ownership of part of company

a)

Colateral

b)

Stock

c)

Compound Interest

d)

Revenue