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Intro to Personal Finance Flashcards | StudBud

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Intro to Personal Finance

8 terms·StudBud Administration·259 plays

discussing about personal finances.

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Questions 8

Answers

1
What is Personal Finance?
The amount of money you spend at the theater.
financal management.
The amount of money you spend in a month.
How much money your dad spends on you
2
What is Closed-End credit?
The Walking Dead
Mortgages, Automobile, and Education loans.
A one time loan with specific number of equal payments.
A banana hammcock
3
Define Bonds:
007
A sexy hunnybunny
The Name is Bond, James Bond
An investment tool that is not truly invest
4
What is the Rule of 72?
Rules on how to get away with murder.
Number of years needed to double the principal investment.
Principal Investment
How to kill Hitler
5
How Much should you save for your emergency fund?
$50,000
$200
What is life.
$500-$1,000
6
What does this image represent?
stock market
computer hacking
Idenity theft
horse racing bets
7
What are some things you should budget for to maintain a healty stable money flow?
Entertainment
Rent
Food
Personal
8
What is Open-End credit?
The envolope system
credit extended in advanved. ( credit cards)
Apple Products
Samsung Products