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personal finance
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#personalfinance#highschool#fun
Flashcards
14 cards
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Questions
14
Answers
1
what are some examples of liabilities
not eating healthy
bad grades in personal finance
mortgages, car loans, credit cards, student loans
2
types of traditional banks
Wells Fargo, Charles river Bank, Middle sex
mr hoeks car
savings accounts
making money
3
having no savings is
okay
good
eh
very bad
4
what was the woman's name who came and talked to us from Charles River Bank?
Mr.Hoek
Ann Sherry
charles river bank lady
idk i wasn't paying attention
5
what is the most important thing to do after setting goals
BUDGET
idk ask mr.hoek
create debt for yourself
6
the most important thing in life is to be
HAPPY
depressed
eating cereal 2x a day
sad
7
what is the first step after getting a job to manage your finances
spend all of your money and live pay check to pay check
idk i dont pay attention
plan and set SMART goals
8
what is an example of another type of investment other than the stock market
a sweater
a Venus fly trap
collectors items
a phone case
9
what is the maximum amount you should take out in student loans
your net worth
your first years salary
no money, don't go to college
10
a savings account is for
idk i really don't pay attention
saving your money
this question confuses me
11
whats is the definition of a net worth
idk i never pay attention
student loans
the cost of your first car
the value of everything you own minus your mortgage and debt
12
what is the IRA
a savings account
a CD
Independent Rachet Accounting
the stock market
13
what does the acronym SMART goals stand for
Specific Measurable Achievable Realistic Time based
Students Mostly Acknowledge Reading Time
idk i never pay attention in this class
Specific Measurable Achievable Rotisserie Chicken
14
what are prime loans
amazon prime
below best loans, for people who have bad credit
first or best loans for people with good credit
loans
