WorksheetsPF Unit 2
Total questions: 16
Worksheet time: 11mins
Debit Card
Used to spend money from you checking account
Used to authorize purchases that you must pay back later, with high interest.
When you spend more money than is in your acount
Moves money from one account to another
Credit Card
Used to spend money from you checking account
Used to authorize purchases that you must pay back later, with high interest.
When you spend more money than is in your acount
Moves money from one account to another
Overdraft
Used to spend money from you checking account
Used to authorize purchases that you must pay back later, with high interest.
When you spend more money than is in your acount
Moves money from one account to another
Electronic Funds Transfer (ETF)
Used to spend money from you checking account
Used to authorize purchases that you must pay back later, with high interest.
When you spend more money than is in your acount
Moves money from one account to another
Check
Written order to a bank to pay the amount stated to the person or business
Password to gain access to your funds
Signature that allows a check to be cashed
Opened by 2 or more people that can access the funds.
PIN
Written order to a bank to pay the amount stated to the person or business
Password to gain access to your funds
Signature that allows a check to be cashed
Opened by 2 or more people that can access the funds.
Endorsement
Written order to a bank to pay the amount stated to the person or business
Password to gain access to your funds
Signature that allows a check to be cashed
Opened by 2 or more people that can access the funds.
Joint Account
Written order to a bank to pay the amount stated to the person or business
Password to gain access to your funds
Signature that allows a check to be cashed
Opened by 2 or more people that can access the funds.
Checking Account
Used to store money intended to be spent within the next month or so
Used to store money for expenses in the intermediate term.
Used to store money and build wealth over the long term.
Savings Account
Used to store money intended to be spent within the next month or so
Used to store money for expenses in the intermediate term.
Used to store money and build wealth over the long term.
Investment Account
Used to store money intended to be spent within the next month or so
Used to store money for expenses in the intermediate term.
Used to store money and build wealth over the long term.
Costs that do not change from month to month
Fixed Expenses
Variable expenses
Disposable income
Finincial plan
Costs that change in amount from month to month
Fixed Expenses
Variable expenses
Disposable income
Finincial plan
All the taxable income your receive
Fixed Expenses
Variable expenses
Gross income
Net Income
Amount of income subject to tax
Fixed Expenses
Variable expenses
Gross income
Adjusted Gross Income
Discuss Your Investment Perspectives
Reflect on your current attitudes and perspectives regarding investing. Provide a thorough, reflective response that demonstrates your ability to critically examine your current investment mindset from multiple angles. Consider the following key factors as you formulate your response:
Time Horizon: How long is your investment timeline? How do you invest for short-term goals, long-term goals, or a combination?
Risk Tolerance: What is your comfort level with investment risk? Are you a conservative, moderate, or aggressive investor? Does this change based on Time Horizon?
Current Knowledge: How familiar are you with different investment vehicles, strategies, and their best uses? What is your level of investing experience and expertise?
