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Pers Fin ch 10

QuestionAnswer
Social Security Payments will not provide sufficient supports for _____________? Retirement
Why should you save? For future needs both expected and unexpected
What are emergencies, vacations, and social events examples of? Short-term goals
What are the four types of long-term goals? Home ownership, education, retirement, and investment
How quickly you can turn savings into cash when you want it is called _____________? Liquidity
When looking for a savings plan you want what four things? High liquidity, safety, convenience, and high IEP
What does IEP stand for? Interest Earning Potential
Created by: kimmydawn