Saving vs. Investing

_________ means putting money aside in a safe place for future use.

• saving

• investing

• risk

• reward

_________ means using money to try to grow your wealth over time, often with some risk.

• investing

• saving

• interest

• emergency

Saving is usually best for _________ needs, like buying a video game or a bicycle.

• short-term

• long-term

• emergency

• investing

Investing is a better option for _________ financial needs, like retirement or college.

• long-term

• short-term

• emergency

• compound

A major benefit of investing is the potential for a higher _________

• reward

• risk

• interest

• saving

A major concern of investing is the chance of losing money, which is called _________.

• risk

• profit

• interest

• dividend

An _________ fund is money set aside in case of unexpected expenses like car repairs.

• emergency

• investment

• savings

• retirement

_________ interest is when you earn money on both your savings and the interest it earns.

• compound

• simple

• fixed

• variable

When you save money in a bank account, you often earn _________.

• interest

• fees

• penalties

• taxes

Both saving and investing help you reach financial _________.

• goals

• interest

• risk

• reward