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Saving Money

QuestionAnswer
frugal being careful how you spend your money, spending less
expenses what you spend your money on
interest rate the amount the bank pays you to hold and use your money
emergency savings should cover at least 6 months of your living expenses
compound interest interest earned on what is deposited in a savings account as well as any earned interest
delayed gratification holding off on buying items you want
Social Security monthly payments made to retirees by the government
Created by: dtavernier
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