Money Vocabulary MoneyWi$e 101 Risky Business $$$ SourcesBasics of $$$ $100 $200 $300 $400 $500 $50 0 $500 MANAGING IN TOUGH TIMES JEOPARDY.

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Presentation transcript:

Money Vocabulary MoneyWi$e 101 Risky Business $$$ SourcesBasics of $$$ $100 $200 $300 $400 $500 $50 0 $500 MANAGING IN TOUGH TIMES JEOPARDY

The sum of all your debts? Answer

What is Total Liabilities? Question

Answer A plastic card that proves you have a credit account.

Question What is a credit card?

Answer Money in your savings account earns this?

Question What is interest?

Answer A machine where you use a card to get cash from your bank account.

Question What is an ATM?

Answer Someone who starts his or her own business.

Question Who is an entrepreneur?

Answer These are created each month that provide financial tips and financial information. They can also be found on the MoneyWi$e website.

Question What are newsletters?

Answer MoneyWi$e has a presence on this social media website. Become a Fan today!

Question What is Facebook?

Answer “Valuing People, Valuing Money” is this for the Managing in Tough Times Initiative?

Question What is slogan?

Answer The Managing in Tough Times Initiative belongs to which college at the University of Kentucky?

Question What is the College of Agriculture?

Answer Here you can find newsletters, YouTube clips, financial publications, and financial resources.

Question What is the MoneyWi$e website?

Answer If you have caused a car accident, this type of automobile insurance would cover damages to your car.

Question What is collision?

Answer This is a legal process to get out of debt when you can no longer make all your required payments.

Question What is Bankruptcy?

Answer This is the chance of loss from some type of danger.

Question What is Risk?

Answer Something you can buy as a means of guaranteeing your financial protection against various risks.

Question What is insurance?

Answer When you owe money to someone else.

Question What is debt?

Answer This type of asset can quickly be converted into cash.

Question What is a liquid asset?

Answer This is something you buy in a company that means you own part of that company.

Question What is Stock/Share?

Answer Money you earn through employment or investments.

Question What is income?

Answer This is the most popular tax- sheltered retirement plan.

Question What is a 401(k)?

Answer The idea of earning interest on interest.

Question What is compounding?

Answer A goal that can be accomplished within one year.

Question What is a short term goal?

Answer This is also known as a spending plan for managing money during a given period of time.

Question What is a budget?

Answer Things we must have to survive (food, water, shelter, clothing).

Question What are needs?

Answer The beliefs, qualities, or standards that you consider important or desirable.

Question What are values?

Answer Things that make life more interesting and fun but people can live without.

Question What are wants?