Notes
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1.Make your money work for you, as long as possible
-checking
An amount that can be used to regularly draq out money or pay for items
-savings
A bank account that warns some intrest.
-401(k)
Plan oddered by an employer to save for retirement
Tax deferred (tarditional)
or tax exempt (Roth)
-IRA
Individual Retirement Account people set up oin their won to save for retirement
Tax deferred (traditional)
or tax exempt (roth)
-Stock
A share in the ownership of a company.
-Dividend
Profits from the company paid to the people who own its stock.
-Bonds
- Receive set intrest for a specific period
-Government bonds
-corporate
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