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WorksheetsPersonal Finance Chapter 4
Total questions: 23
Worksheet time: 12mins
The reason to invest is to make more money for something like _____________________________.
planning for retirement
next month's vacation
a new car
opening a business in the next 6 months
All a thief needs is some of your ___________ information.
personal
driver's license
employee
family's
____________ is the equivalent of building your shelter or fortress in a game.
insurance
mutual funds
money market accounts
bonds
When you ___________, it can be worth more in the future.
leave your money in the bank
hide your money in the mattress
invest your money
take your money out of your investments
Saving is for the ___________.
short term
long term
The most important thing to do- online and everywhere- is to ___________ what you're doing.
stop and give up on
use no caution and press forward
stop and think about
think very little about
__________ are investments owned by a group of investors.
401(k)s
mutual funds
bonds
money market accounts
___________ represent ownership in a company.
mutual funds
certificates of deposits
Roth IRAs
stocks
A ____________ is the part you pay before the insurance company pays their part.
premium
deductible
commission fee
bi-weekly bill
Because of inflation, your money can be worth ____________ in the future.
less
much more
an appropriate amount
nothing
A loan of money to a business or government that is paid back with interest over time.
CD
fraud
inflation
bonds
a saving certificate with a fixed saving period and fixed interest rate
insurance
CD (certificate of deposit)
bonds
stock
the amount you must pay before you receive any benefits from your insurance coverage
bonds
fraud
deductible
premium
wrongful or criminal deception for financial gain
bonds
security
fraud
identity theft
the illegal use of someone's personal information to purchase items or receive benefits
identity theft
illegal activity
bad stuff
fraud
the rate at which the prices for goods and services rise
inflation
insurance
identity
deductible
an agreement in which a policyholder transfers the risk for potential financial losses to another party in exchange for a fee
mutual fund
stock
insurance
premium
a financial profesional who manages investments and has been trained and licensed to do so
actuary
accountant
software engineer
investment advisor
a policy that protects an individual in the event of a lawsuit due to injury as the result of an accident
personal policy
liability insurance
life insurance
health insurance
a collection of stocks, bonds, and other investments owned by a group of investors who put their money together
basket of eggs
mutual fund
stocks
bonds
the amount that is paid monthly, quarterly, semi-annually, or annually to purchase insurance coverage
investment
premium
policy balance
deductible
investments that represent small pieces of ownership in a company
mutual funds
bonds
certificates of deposit (CDs)
stocks
the potential impact of inflation and interest on money
cost value of money
time value of money
time value of stocks
cost value of stocks
