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WorksheetsSaving and Investing (JA FInance)
Total questions: 20
Worksheet time: 15mins
To commit money to gain a profit or earn a interest is ________.
Prinicpal
Invest
Risk
Stocks
Carly has to go to the doctor today, Before she goes in, she grabs her Insurance card
along with 20 dollars for her _________.
Copay/ Deductible
Premium
Policy holder
Aptitudes
An IOU issued by a company, municipality or the federal
government in exchange for a loan from an investor.
Principal
Savings account
Bond
Mutual Funds
There are several ways to save your money. some long-term
saving options are stocks and (a) ? Fill in the blank.
What does PYF stand for?
Put You First
Pull Your Finger
Pay Yo Food
Pay Yourself First
What are two short-term savings options?
Savings account
&
Certificate of Deposits
Stocks
&
401(k) Retirement
account
Risk
&
Investment
Bonds
&
Mutual Funds
What are two long-term savings options?
Money Market Account
Stocks
&
Mutual Funds
Savings Account
Risks
&
Interest
Some good things about health insurance is that it
helps you get medicine when needed
It helps you get a job when you need one
Most of your care will be covered if you become sick or ill.
None of the above
Carl borrowed $1300. When he looked at his monthly statement,
it said he owed more than $1300. What is the fee that is added to the principal?
Invest
Stocks
Interest
Bonds
If you choose to spend $20 on a movie and popcorn, you won’t be able to put $20 in your college fund.
On the other hand, if you save $20, you give up a night with your friends. What term am I referring to?
Risk
Opportunity Cost
Financial Institution
Pay Yourself First
The amount of money originally invested.
Interest
(PYF)
Principal
Mutual Fund
Some not so good things about health insurance is
Not everyone can afford it
Everyone can afford it
You may swipe it in the grocery store to pay for food
You may be denied service from some doctors that do not take your insurance
People purchase this type of policy, to insure them that they will be protected against risk.
Auto/Car Insurance
Health/Medical Insurance
Renters or House Insurance
All of the above
What are some pros of health insurance?
You are able to get medicine when needed.
It is free to everyone
some or most hospital bills will be covered if sick.
Nothing is good about Health insurance
Money paid out of pocket before insurance covers the remaining costs.
Investments
Premium
Deductible / Co-pay
None of the above
This type of savings option is safe and offer higher interest rates than savings accounts.
Certificate of Deposits
Savings account
Money Market account
None of the above
A business that provides money-related services.
School
Library
Financial Institution
None of the above
The possibility of financial loss or physical harm.
Choices
Risk
Decisions you make
action steps taken
A fee paid for the use of money?
Bond
Risck
Interest
IOU
Bobby's dad bought him a new car today. It is a 2023 Chevrolet Corvette.
They drove to the insurance company across town.
The Insurance adjuster says his _____ will be significantly high every 6 months. What am I referring to?
Bobbies Info: Age: 19, Credit score: 550, # of speeding tickets: 3, Car: 2023 Chevrolet Corvette
Copay/ Deductible
Premium
Bond
Savings account
