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SMG - Kickoff Flashcards | StudBud
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SMG - Kickoff
SMG - Kickoff
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Questions
8
Answers
1
Saving
money is important. Money earned for depositing it in a bank is called ...
taxes
withdrawal
fees
interest
2
What is risk?
danger
the possibility of losing something
putting your money in a bank
saving money
3
What is true about investing?
your money can grow faster
it is risky
your money earns interest
your money is easy to get
it is safe
4
What is an example of
investing
in the Stock Market?
Purchase a new pair of shoes
Purchase 100 shares of Southwest Airlines
Purchase 16 ounces of gold
Purchase a 3 bedroom Colonial
5
What is a
benefit
investing has over saving?
it is safer
it can grow faster
6
Buying something with the hope it will go up in value.
purchasing
collecting
saving
investing
7
What is a
benefit
savings has over investing?
it's safer
it can grow faster
8
Some money goes to
needs
and
wants
. Identify two
wants
.
a place to live
shoes
water
food
piano
vacation
