What is a general rule of thumb on how much you should save? Options: 5% of your income, 10% of your income, 20% of your income, 30% of your income
College and Career Readiness II Term Exam #2

Flashcard
•
Life Skills
•
11th - 12th Grade
•
Hard
Quizizz Content
FREE Resource
Student preview

90 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
20% of your income
2.
FLASHCARD QUESTION
Front
What is a 529 account?
Back
A tax exempt fund that lets your savings grow for school.
3.
FLASHCARD QUESTION
Front
About how much should you save in an emergency fund? Options: 1-3 months of living expenses, 3-6 months of living expenses, 6-9 months of living expenses, 9-12 months of living expenses
Back
3-6 months of living expenses
4.
FLASHCARD QUESTION
Front
What is a good strategy to help you save? Options: spend money on all expenses; put the rest into saving, Tap into your savings on a regular basis to purchase small items, like snacks, Pay yourself first - set aside money for savings each month, Keep your spending and saving money together in 1 account
Back
Pay yourself first - set aside money for savings each month
5.
FLASHCARD QUESTION
Front
What is a reason for why so many Americans live paycheck-to-paycheck?
Back
Many people impulse shop
6.
FLASHCARD QUESTION
Front
How is compound interest different than simple interest?
Back
It is simple interest + interest earned on that interest.
7.
FLASHCARD QUESTION
Front
Assuming a rate of growth of 8%, in how many years will your $ double?
Back
9 years
Create a free account and access millions of resources
Similar Resources on Wayground
83 questions
Q3 Key Vocabulary

Flashcard
•
9th - 12th Grade
93 questions
W!SE Practice Test Questions

Flashcard
•
9th - 12th Grade
86 questions
Accounting 1 Strands & Standards Exam

Flashcard
•
9th - 12th Grade
92 questions
Financial Literacy Flashcard

Flashcard
•
KG - University
79 questions
Financial Literacy EXAM PRACTICE

Flashcard
•
9th - 12th Grade
81 questions
Fall Semester Exam-2024

Flashcard
•
12th Grade
89 questions
Financial Lit Final Exam Review

Flashcard
•
12th Grade
89 questions
Financial Knowledge Flashcard

Flashcard
•
12th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade