WorksheetsPersonal Finance - Unit 4 Review
Total questions: 15
Worksheet time: 8mins
an amount of money that is set aside to be used for a future purpose (short term goals)
Savings
Interest
Wealth
Inflation
putting money to use in a venture that offers the possibility of growing in value as interest, income, or increased value.
Savings
Investing
Wealth
Inflation
The value of all the assets of worth owned by a person, community, company, or country.
Savings
Investing
Wealth
Assets
the decline of purchasing power of a given currency over time.
Inflation
Deflation
Liability
Rate of Return
payment received in return for use of your money.
Stock
Dividends
Rate of Return
Earned Interest
share of profits some companies pay to their stockholders
Earned Interest
Stock
Dividends
Assets
something of value that can be turned into cash
Savings
Investments
Asset
Wealth
degree to which an asset gains or loses value over a given period of time
Rate of Return
Wealth
Investing
Diversification
uncertainty of achieving a desired result
Liability
Stocks
Savings
Risk
helps to raise money to run a business
Stocks
Investments
Wealth
Inflation
Invest in different types of investments
Liability
Diversification
Savings
Rate of Return
something owed to another person
Earned interest
Liability
Wealth
Risk
True or False: Three steps to build wealth include:
1) Having enough income to invest
2) Make a plan
3) Put money to work by investing
True
False
True or False: The best time to start investing is after working on a job full-time for at least five years.
True
False
True or False: Most wealthy people have gained their fortunes by winning the lottery or inheriting a large sum of money.
True
False
