unusual account activity, large purchase or withdrawal, Profile changes, international transactions, Person to person transfers, Low balance, Upcoming payment due, large deposit

Birthday reminders, weather updates, sports scores, movie releases, new music albums, celebrity news, travel deals, horoscope alerts

App update notifications, phone battery low, Wi-Fi connection lost, new game releases, screen time alerts, photo backup reminders, ringtone changes, wallpaper suggestions

Friend suggestions, group chat invites, meme notifications, trending hashtags, new emoji releases, social media likes, video recommendations, story views

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Cognitive bias is a predictable pattern to how a person makes decisions, the person does not notice or is unaware of these patterns to how they think. This is helpful to make fast decisions.

Cognitive bias is a type of memory loss that occurs with age.

Cognitive bias is a physical reaction to external stimuli.

Cognitive bias is a mathematical error in calculations.

Confirmation bias, Anchoring bias, Availability heuristic

Gravity bias, Color bias, Size bias

Memory bias, Sound bias, Shape bias

Temperature bias, Light bias, Distance bias

Saving accounts are for long-term savings, while checking accounts are for daily transactions.

Saving accounts are only for businesses, while checking accounts are for individuals.

Checking accounts earn more interest than saving accounts.

Saving accounts allow unlimited withdrawals, while checking accounts have limits.

Interest calculated on both the initial principal and the accumulated interest.

Interest calculated only on the initial principal.

Interest that decreases over time.

Interest paid only at the end of the investment period.

Simple Interest = Principal × Rate × Time / 100

Simple Interest = Principal + Rate + Time

Simple Interest = Principal × Rate × Time × 100

Simple Interest = Principal / (Rate × Time)

It offers potential for long-term financial growth.

It guarantees no risk of loss.

It provides instant wealth overnight.

It is the only way to save money.

a share in the ownership of a company

a type of government bond

a form of physical currency

a loan given to a bank

Market price per share divided by earnings per share

Total value of company divided by number of shares

Earnings per share divided by market price per share

Market price per share divided by total value of company

The total value of all shares of a publicly traded company. In mathematical terms, it is the number of shares multiplied by the price per share.

The total annual revenue of a company.

The total profit a company makes in a year.

The amount of cash a company holds in its bank accounts.

Trading is a quick short term gain higher in risk because they are more difficult to predict. Investing typically involves a long-term approach, aiming to build wealth gradually over years or even decades through the appreciation of assets like stocks, bonds, or real estate.

Trading and investing are both short-term strategies focused on immediate profits.

Trading is only about buying real estate, while investing is only about buying stocks.

Trading and investing both guarantee profits with no risk involved.

A ratio that shows how much a company pays out in dividends each year relative to its stock price. It is calculated by dividing the annual dividends per share by the price per share.

The total profit a company makes in a year divided by its total assets.

The percentage increase in a company's stock price over a year.

The amount of money a company earns from selling its products.

Fixed expenses remain constant within a budget while variable expenses may change regularly.

Fixed expenses are always higher than variable expenses.

Variable expenses are always paid annually, while fixed expenses are paid monthly.

Fixed expenses are optional, but variable expenses are mandatory.

A financial statement that provides a snapshot/summary of a company's assets, liabilities, and owner's equity at a specific point in time.

A document that lists only the revenues and expenses of a company over a period of time.

A report that details the cash inflows and outflows of a business for a specific period.

A statement that shows the market value of a company's shares at the end of the year.

cost of living, job availability, safety, the quality and availability of healthcare, quality of education, transportation accessibility, and the general community and lifestyle of an area.

climate, proximity to the beach, number of shopping malls, local cuisine, nightlife, number of parks, and sports teams.

internet speed, number of movie theaters, local fashion trends, pet friendliness, number of gyms, local festivals, and celebrity residents.

amount of rainfall, number of coffee shops, local dialects, historical landmarks, number of art galleries, local music scene, and average age of residents.

Unit pricing helps you save money and make informed decisions by providing the cost of a product per a standard unit of measurement.

Unit pricing increases the overall cost of groceries.

Unit pricing makes it harder to compare products.

Unit pricing only applies to non-food items.

Purchase price, insurance, maintenance, and taxes

Only the purchase price

Only insurance and fuel

Only maintenance costs

Convenient access to funds for daily transactions

Earning high interest rates

Long-term investment growth

Building credit history directly

$300

$200

$150

$500

$1,635

$1,620

$1,650

$1,700

33.3

1000

600

1200

3%

4%

2%

5%

5 years

2 years

10 years

20 years

$840

$600

$1,200

$700

$5750

$5300

$6000

$5150

$3000

$1200

$2400

$1500

5%

2%

10%

8%

2 years

1 year

3 years

4 years

5%

3%

7%

10%