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Experts recommend that you save enough to cover 3 to 6 __________________ of expenses in your emergency fund.
This account pays you interest on money you have put away for later to help your money grow
A new cell phone, college tuition, a house down payment
Save a certain percentage of each paycheck and deposit it directly into a savings account
Buying new sneakers the day they come out, because you know others in your class will have them, too
Both
Certificate of Deposit
Checking accounts and money market accounts
Months
Who is your favorite teacher?
This account pays you interest on money you have put away for later to help your money grow
A new cell phone, college tuition, a house down payment
Save a certain percentage of each paycheck and deposit it directly into a savings account
Buying new sneakers the day they come out, because you know others in your class will have them, too
Both
Certificate of Deposit
Checking accounts and money market accounts
Months
Which statement best describes a savings account?
This account pays you interest on money you have put away for later to help your money grow
A new cell phone, college tuition, a house down payment
Save a certain percentage of each paycheck and deposit it directly into a savings account
Buying new sneakers the day they come out, because you know others in your class will have them, too
Both
Certificate of Deposit
Checking accounts and money market accounts
Months
Which of these account types allow you to write checks from the account?
This account pays you interest on money you have put away for later to help your money grow
A new cell phone, college tuition, a house down payment
Save a certain percentage of each paycheck and deposit it directly into a savings account
Buying new sneakers the day they come out, because you know others in your class will have them, too
Both
Certificate of Deposit
Checking accounts and money market accounts
Months
Which represents possible goals from short-term to long-term? Save for…
This account pays you interest on money you have put away for later to help your money grow
A new cell phone, college tuition, a house down payment
Save a certain percentage of each paycheck and deposit it directly into a savings account
Buying new sneakers the day they come out, because you know others in your class will have them, too
Both
Certificate of Deposit
Checking accounts and money market accounts
Months
Juan saved $1,000 from his summer job. Which of these would work best for him if he doesn't need access to the money right away AND wants to earn the highest interest rate?
This account pays you interest on money you have put away for later to help your money grow
A new cell phone, college tuition, a house down payment
Save a certain percentage of each paycheck and deposit it directly into a savings account
Buying new sneakers the day they come out, because you know others in your class will have them, too
Both
Certificate of Deposit
Checking accounts and money market accounts
Months
Which of these is an example of Keeping up with the Joneses?
This account pays you interest on money you have put away for later to help your money grow
A new cell phone, college tuition, a house down payment
Save a certain percentage of each paycheck and deposit it directly into a savings account
Buying new sneakers the day they come out, because you know others in your class will have them, too
Both
Certificate of Deposit
Checking accounts and money market accounts
Months
Which of the following is an effective strategy for personal saving?
This account pays you interest on money you have put away for later to help your money grow
A new cell phone, college tuition, a house down payment
Save a certain percentage of each paycheck and deposit it directly into a savings account
Buying new sneakers the day they come out, because you know others in your class will have them, too
Both
Certificate of Deposit
Checking accounts and money market accounts
Months
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