Pers Fin ch 10
| Description: | Pers Fin ch 10 |
| Category: | Finance |
| Created by: | kimmydawn on 2009-10-19 |
| Question | Answer |
| 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 |
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