Investing & Budgeting

Investing & Budgeting Bingo Card
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This bingo card has a free space and 30 words: expenses that stay the same each month, Explain why putting money in a bank is a bad investment, When you earn interest on your interest, describe how someone who lives above their means spends their money, What are the catagories in a 50%,30%,20% budget?, describe how a luxury card could be considered a "need", compare essential and descretionary spending, explain why should a person aim to live below their means, give an example of a variable expense, Explain how you might not be able to afford a free car, Which type of expenses do you have the most control over, How many months of expenses should you have in an emergency fund, explain the difference between gross income and net income, Why is the stock market a bad investment for emergency funds, is a bond a debt or equity investment, is stock a debt or equity investment, How would you use the S&P500 index to evaluate your stock portfolio, What is a good investment for people who want to invest in stocks, but don't have a lot of money, explain the difference between saving and investing, explain how debit cards work, explain how credit cards work, list the three components of a budget, list three things that can happen if you don't budget, explain what does the phrase, "pay yourself first" mean, compare the differences between an employee and owner mindset, explain the benefits of, "budgeting before buying", name one fixed exapense and one variable expense of owning a car, explain how can getting good grades save you money when owning a car, explain why teens pay more for car insurance and List two ways to reduce the cost of car insurance.

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