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Money Saving Quiz Flashcards | StudBud
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Money Saving Quiz
Money Saving Quiz
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StudBud Administration
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Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
What's Compound Interest ?
Interest previously earned
The amount of money you save
Interest
Money in your bank
2
What is a consumer ?
Person who purchases goods and services
a person
a buyer
a seller
3
What is Financial Literacy ?
Management of money
Understands how money works
Paid Regularly at a particular rate
Money Problems
4
What's sinking fund ?
Not saving money at all
Saving money
Money
Saving money for large purchase
5
What's the first Foundation
Save $500 dollars in emergency
Save $1
Save no money
I don't care
6
What's Interest bearing account ?
Bank account
Emergency Fund
An account that generates interest income in the accoun
7
What's the third foundation ?
Pay cash for college
Pay cash
Pay cash for your car
Build weald and give
8
What's the key ingredient when it comes to wealth building
Everything
Discipline
Saving
Behavior
9
Which one is part of the 7 components ?
Monitor
Executive
Car
Money
10
What is money matters ?
Money
issues concerning finances or money, esp your own finances
A class
