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Money Management Flashcards | StudBud

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Money Management

10 terms·StudBud Administration·72 plays

A #money #management lesson from Dave Rasmey (Credit to Jennifer Lawson and Dominik W.)

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Questions 10

Answers

1
What is a key ingredient in wealth building?
Saving
Investing
Funds
Discipline
2
A money market is the best place for your emergency fund.
True
False
3
What fund can you not touch for purchases?
Emergency fund
Saving fund
Money Market
Compound interest
4
The United States has a...
Negative savings rate
-6% savings rate
-.6% saving rate
10% savings rate
5
Only what % of Americans save regularly?
78%
41%
50%
47%
6
Money is...?
Easy to earn
A moral
Cash
A way of spending
7
Saving money is all about what?
Wealth building
Emotion and contentment
Spending
Pay off debt
8
What is PAC?
Pac-man
Pre authorized compound-interest
Pre authorized cash
Pre authorized checking
9
You must start _____?
In a few years
Saving now
Investing early
Now
10
You should pay off all your debt except your house.
False
True