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WorksheetsSavings Quiz
Total questions: 19
Worksheet time: 10mins
Co-pay
a way to minimize risk for accidents and unforeseen circumstances
An IOU issued by a company, municipality, or the federal government in exchange for a loan from an investor that will be repaid with a set rate of return
A fixed amount you pay when you visit the doctor (regardless of whether or not your deductible has been made).
a document detailing the terms and conditions of a contract of insurance.
Ticker Symbol
an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market.
the amount of money that an individual or business must pay for an insurance policy
The possibility of financial loss or harm.
an individual retirement account allowing a person to set aside after-tax income up to a specified amount each year. Both earnings on the account and withdrawals after age 59½ are tax-free.
Deductible
financial ($) application showing your ability to pay for college (must be completed annually)
The possibility of financial loss or harm.
The amount of money originally invested or borrowed
The amount you pay for health procedures or hospital stays before your insurance plan starts to pay.
Invest
To commit money to gain a profit or earn interest
financial ($) application showing your ability to pay for college (must be completed annually)
the action or fact of leaving one's job and ceasing to work
award of financial ($) assistance from a federal agency
Interest
an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market.
A fee paid or charged for the use of money or for borrowing money
A collection of stocks or bonds of various corporations.
a document detailing the terms and conditions of a contract of insurance.
Risk
A fractional share of a corporation sold to the public.
a document detailing the terms and conditions of a contract of insurance.
The possibility of financial loss or harm.
the action or fact of leaving one's job and ceasing to work
insurance
A savings account designed for college
a way to minimize risk for accidents and unforeseen circumstances
the amount of money that an individual or business must pay for an insurance policy
The possibility of financial loss or harm.
Principal
The amount of money originally invested or borrowed
An IOU issued by a company, municipality, or the federal government in exchange for a loan from an investor that will be repaid with a set rate of return
a grant or payment ($) given to students to support a student's education & is awarded on the basis of academic or other achievement
A fee paid or charged for the use of money or for borrowing money
Insurance Policy
An IOU issued by a company, municipality, or the federal government in exchange for a loan from an investor that will be repaid with a set rate of return
financial ($) application showing your ability to pay for college (must be completed annually)
A fee paid or charged for the use of money or for borrowing money
a document detailing the terms and conditions of a contract of insurance.
Retirement
the action or fact of leaving one's job and ceasing to work
The possibility of financial loss or harm.
interest paid on a starting amount, called the principal, plus prior interest
The amount you pay for health procedures or hospital stays before your insurance plan starts to pay.
Pay Yourself First (PYF)
The amount you pay for health procedures or hospital stays before your insurance plan starts to pay.
The amount of money originally invested or borrowed
Automatically routing your specified savings contribution from each paycheck when it is received
A collection of stocks or bonds of various corporations.
scholarships
a grant or payment ($) given to students to support a student's education & is awarded on the basis of academic or other achievement
The possibility of financial loss or harm.
the action or fact of leaving one's job and ceasing to work
A business that provides money-related services.
Bond
The percentage of costs of a covered health care service you pay after you've paid your deductible.
The amount of money originally invested or borrowed
A fee paid or charged for the use of money or for borrowing money
An IOU issued by a company, municipality, or the federal government in exchange for a loan from an investor that will be repaid with a set rate of return
Financial Institution
A business that provides money-related services.
an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market.
A savings account designed for college
interest paid on a starting amount, called the principal, plus prior interest
Premium
the action or fact of leaving one's job and ceasing to work
the amount of money that an individual or business must pay for an insurance policy
An interest-bearing account where people put money for future use
A fixed amount you pay when you visit the doctor (regardless of whether or not your deductible has been made).
Stock
A fractional share of a corporation sold to the public.
Automatically routing your specified savings contribution from each paycheck when it is received
An IOU issued by a company, municipality, or the federal government in exchange for a loan from an investor that will be repaid with a set rate of return
A fixed amount you pay when you visit the doctor (regardless of whether or not your deductible has been made).
Mutual Funds
Automatically routing your specified savings contribution from each paycheck when it is received
A collection of stocks or bonds of various corporations.
A business that provides money-related services.
The amount of money originally invested or borrowed
Opportunity Cost
a document detailing the terms and conditions of a contract of insurance.
Automatically routing your specified savings contribution from each paycheck when it is received
The next best alternative given up when making a financial choice.
A collection of stocks or bonds of various corporations.
Savings Account
A fee paid or charged for the use of money or for borrowing money
a grant or payment ($) given to students to support a student's education & is awarded on the basis of academic or other achievement
An interest-bearing account where people put money for future use
The possibility of financial loss or harm.
