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Personal Finance II Flashcards | StudBud
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Personal Finance II
Personal Finance II
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Flashcards
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Questions
12
Answers
1
A share becomes more valuable when?
a company is new
a company is small
a company does poorly
a company does well
2
Money that is paid to you because a bank is using your money is called?
fees
taxes
debt
interest
3
How do banks make money?
By loaning out their customer's money
By investing the money
By stealing money from thier customers
By printing money
4
What two animals are often used to describe the stock market?
cardinals and rams
bulls and bears
hawks and falcons
lions and tigers
5
What is a mortgage?
a student loan
a loan to buy a car
a loan to buy a home
a loan for healthcare expenses
6
Someone who owns stock is a ___________________.
COO
CEO
shareholder
stockbroker
7
What is income?
the money that you save
the money that you are earning
the money available on your credit card
the money you pay in taxes
8
Where do banks want you to keep your money?
in a savings account
in a checking account
in your wallet
at home
9
What is the largest stock market in the world?
Tokyo Stock Exchange
New York Stock Exchange
London Stock Exchange
NASDAQ
10
Where do you buy shares?
online
stock store
stock market
home depot
11
What will a budget allow you to do?
to tell you what stocks to buy
to see where your money is spent
to help you get into debt
to spend all of your money
12
What is a share?
A new company
A piece of paper
A part of a company
A large company