Money basics bingo
Exercise and reference answers
- Clues and terms
- Clue
- Interest earning interest on itself
- Item
- Compounding
- Clue
- The amount you invested, and could lose
- Item
- Principal
- Clue
- A company's payout to its shareholders
- Item
- Dividends
- Clue
- Repays your money later, plus interest
- Item
- Bond
- Clue
- Can fall with the company, or rise beyond it
- Item
- Stock
- Clue
- Insures bank savings, not securities
- Item
- FDIC
- Clue
- Shrinks what a saved dollar can buy
- Item
- Inflation
- Clue
- Spread money so one blow hurts less
- Item
- Diversify
- Clue
- Up to six months of income, kept safe
- Item
- Emergency fund
- Instructions
- Read each call, tap its term on the board. Three in a line is bingo.
Explanation
_Source: "Saving and Investing: A Roadmap to Your Financial Security" (US SEC, public domain), section Investing_