TThe first thing you should save for is your retirement fund.
Pre-authorized checking helps to build discipline in saving.
Your first “Baby Step” is to pay off all of your debt.
You should invest 10% of your household income into Roth IRAs and pre-tax retirement plans.
Murphy’s Law is more likely to strike if you are prepared for the unexpected events that occur throughout life.
Savings is about:
For with of the following should you save
Which of the following is true about the concept of saving?
A sinking fund approach means
Which statement is most true about a one- time investment for 40 years?
If you invest $1,000 at 12% interest, how much money will be in the account after two years, compounded annually?
How much money should you have in your emergency fund if you are working on Baby Step 2 (pay off all debt)?
Using the sinking fund approach, how much do you have to save to buy a $5,000 car next year?
What is the next step after you have a fully funded emergency fund?
Which statement is true?
Which is the correct order of priorities for your money?
How much money should Lisa and Joe have in their emergency fund if they have a $3,000 credit card bill and a mortgage?
Which of the following would be the most sensible way to buy a $4,000 car?
Which of these is not a key to saving money?
Even though a savings account is fine when you are just beginning to save, why is a money market a better place to keep your emergency fund?
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