Unit 9: Money Management—Keeping More Money In Your Pocket Lesson 30: Your Personal Net Worth Module 104: Why You Should Evaluate The Value Of Your Assets Over Time: Question Preview (ID: 28500)


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_______ are certificate of debt that earns interest., sometimes called an IOU
a) Bonds b) Stocks c) IRS , who collect taxes d) Securities and Exchange Commission
Short-term financial goals usually can be reached within
a) Years b) Weeks or Months c) Decade d) 30 years
Before you can create a budget, you must first figure out your
a) income and expenses b) budget is—a plan for spending money. c) FDIC 250000 d) Gross Pay
is the money you have left over after paying for the essentials, such as food, clothing, utilities, insurance, and shelter.
a) Discretionary b) Fixed or Anticipated expenses ; house Payment, Car payment c) Variable or Unanticipated expenses, Gas d) Expenses
Even new cars lose a lot of their value—through
a) liabilities b) depreciation c) networth d) assets
________is something you own that has financial value. People purchase or invest _______in in the hopes they will increase in value over time
a) networth b) Liquid assets c) liabilities d) assets
Your net worth can be calculated by subtracting the value of your __________, or debts, from the value of your assets.
a) Liquid assets b) depreciation c) assets d) liabilities
Are the Most Liquid assets
a) savings and checking accounts b) House c) Insurance Premium d) net-worth = Assets - Liabilities
that you can sell quickly for cash; they can include cash ,savings and checking accounts
a) assets b) Restricted assets: Must pay a penalty if you turn this products into cash quickly c) liabilities : debt d) Liquid assets
How do you increase your Net-worth
a) Pay off liabilities or Debts b) Take out more loans c) Credit FICA Score d) Pay Your self First
a plan in which the employer's contribution to employees' retirement savings funds is specified.often match a portion of eve
a) IRA b) 401k c) Stock Broker d) Nasdaq
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