1. PERSONAL FINANCE

2.  Money not spent so as to use it at a later date  Short term  Small denominations  Available for emergency

3.  PASSBOOK ACCOUNTS  Savings account in which deposits and withdrawals are recorded by the bank in a depositor’s passbook  MONEY-MARKET ACCOUNTS  Pass higher rate of return based on rates in the money markets (trading short-term commodities)  TIME DEPOSITS  Savings with restriction on the term or period of time before withdrawals can be made

4.  Set aside money for when income decreases  Long term  Large denominations  Non-liquid account

5.  BONDS  Loan of money to a government/corporate entity for a defined period of time and a fixed rate of interest  STOCKS  Security that signifies ownership in a corporation with claims on assets and earnings  MUTUAL FUNDS  Pool of funds collected from many investors operated by money managers

6.  Collection of financial assets  PROPERTY  SAVINGS  INVESTMENTS  DEBTS  INSURANCE  PHILANTHROPY

7.  Checking account  Savings account  Money Market Account  Certificate of Deposit  INSURANCE  DEBTS  REIT  Real Estate  Stocks  Bonds  SEPP  Precious Metals  Mutual Funds  Pensions  Public Retirement Systems

8.  guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium http://www.foundationsu.com/high-school/article_categories/Insurance/articles/foundationsu-do-you-need-identity-theft-protection  Property with guaranteed replacement cost  Auto with plenty of liability but maybe not collision  Health may have many options  Disability that pays at least 65% of wages  Long-term Care in the future  Identity Theft with restoration services  Life but not whole life, only term

9.  something, typically money, that is owed or due  Personal loans  Credit cards  Car loans  Student loans  Mortgages GOOD VS. BAD DEBT ?

10.  the desire to promote the welfare of others, expressed especially by the generous donation of money to good causes  Research where all your money goes  Prepare to get more requests  Wisely learn to say no  Give generously  Be unnoticed

11.  Spend no more than these percents of your income on …  10% Automobiles  25% Housing  Spend at least this percent of your income on:  10% Retirement  AUTOMATIC MILLIONAIRRE  If so inclined, give 10% of your income away