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What does it mean when someone says, living paycheck to paycheck.
Months
This account pays you interest on money you have put away for later to help your money grow
Save a certain percentage of each paycheck and deposit it directly into a savings account
Both
It is extremely difficult to open a savings account, as you typically need at least $10,000 for your initial deposit
Aunt Tina and her family have high paying jobs and don’t worry much about money
Checking accounts and money market accounts
A new cell phone, college tuition, a house down payment
Who is your favorite teacher?
Months
This account pays you interest on money you have put away for later to help your money grow
Save a certain percentage of each paycheck and deposit it directly into a savings account
Both
It is extremely difficult to open a savings account, as you typically need at least $10,000 for your initial deposit
Aunt Tina and her family have high paying jobs and don’t worry much about money
Checking accounts and money market accounts
A new cell phone, college tuition, a house down payment
Which statement best describes a savings account?
Months
This account pays you interest on money you have put away for later to help your money grow
Save a certain percentage of each paycheck and deposit it directly into a savings account
Both
It is extremely difficult to open a savings account, as you typically need at least $10,000 for your initial deposit
Aunt Tina and her family have high paying jobs and don’t worry much about money
Checking accounts and money market accounts
A new cell phone, college tuition, a house down payment
Experts recommend that you save enough to cover 3 to 6 __________________ of expenses in your emergency fund.
Months
This account pays you interest on money you have put away for later to help your money grow
Save a certain percentage of each paycheck and deposit it directly into a savings account
Both
It is extremely difficult to open a savings account, as you typically need at least $10,000 for your initial deposit
Aunt Tina and her family have high paying jobs and don’t worry much about money
Checking accounts and money market accounts
A new cell phone, college tuition, a house down payment
Which of the following is an effective strategy for personal saving?
Months
This account pays you interest on money you have put away for later to help your money grow
Save a certain percentage of each paycheck and deposit it directly into a savings account
Both
It is extremely difficult to open a savings account, as you typically need at least $10,000 for your initial deposit
Aunt Tina and her family have high paying jobs and don’t worry much about money
Checking accounts and money market accounts
A new cell phone, college tuition, a house down payment
Which of these statements about saving is INCORRECT?
Months
This account pays you interest on money you have put away for later to help your money grow
Save a certain percentage of each paycheck and deposit it directly into a savings account
Both
It is extremely difficult to open a savings account, as you typically need at least $10,000 for your initial deposit
Aunt Tina and her family have high paying jobs and don’t worry much about money
Checking accounts and money market accounts
A new cell phone, college tuition, a house down payment
Which of these account types allow you to write checks from the account?
Months
This account pays you interest on money you have put away for later to help your money grow
Save a certain percentage of each paycheck and deposit it directly into a savings account
Both
It is extremely difficult to open a savings account, as you typically need at least $10,000 for your initial deposit
Aunt Tina and her family have high paying jobs and don’t worry much about money
Checking accounts and money market accounts
A new cell phone, college tuition, a house down payment
Which represents possible goals from short-term to long-term? Save for…
Months
This account pays you interest on money you have put away for later to help your money grow
Save a certain percentage of each paycheck and deposit it directly into a savings account
Both
It is extremely difficult to open a savings account, as you typically need at least $10,000 for your initial deposit
Aunt Tina and her family have high paying jobs and don’t worry much about money
Checking accounts and money market accounts
A new cell phone, college tuition, a house down payment
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