DAVE RAMSEY REVIEW

1
DAVE RAMSEY REVIEW

• Super Saver, Understanding Investments,
  Retirement College Planning

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Super Saver 1

• With your money you should GIVE, SAVE, and then
  pay _________.
• Bills

3
Super Saver 2

• Money is neither good nor badit is ______.
• Amoral

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Super Saver 3

• The emergency fund is for ________ only.
• Protection

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Super Saver 4

• _________ is the key to wealth building.
• Discipline

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Super Saver 5

• ________ ________ is a mathematical explosion.
• Compound Interest

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Super Saver 6

• For most people, a fully funded emergency fund
  will be about _________.
• 10,000

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Super Saver 7

• After 4 years, 5,000 will grow to how much if it
  earns 10 interest?
• 7,320.50

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Super Saver 8

• What should you save for?
• Emergency fund, purchases, wealth building

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Super Saver 9

• The typical Japanese saves ____ of their
  after-tax income.
• 18.1

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Super Saver 10

• Saving is about contentment and ________.
• Emotion

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Super Saver 11

• What is Murphys Law?

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Understanding Investments 1

• ______ means to spread around.
• Diversification

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Understanding Investments 2

• The availability of your money is called
  _________.
• Liquidity

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Understanding Investments 3

• The average mutual fund will have anywhere from
  _____ to _____ companies in it.
• 90 - 200

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Understanding Investments 4

• ______ of any 5-year period in the stock market
  has made money.
• 97

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Understanding Investments 5

• With all investments, as the _____ goes up, so
  should the hopeful _____.
• Riskreturn

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Understanding Investments 6

• Buying a piece of ownership in a company.
• Single Stock

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Understanding Investments 7

• Investors pool their money to invest.
• Mutual Fund

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Understanding Investments 8

• A debt instrument where a company owes you money.
• Bond

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Understanding Investments 9

• A savings account with an insurance company.
• Annuity

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Understanding Investments 10

• You should have a lot of cash on hand before
  investing in this.
• Rental Real Estate

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Retirement/College Planning 1

• You always want to take advantage of
  _____-_______ dollars.
• Tax-favored

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Retirement/College Planning 2

• The _____ IRA is an after-tax investment that
  grows tax-free.
• Roth

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Retirement/College Planning 3

• Once the emergency fund is in place, put _____
  of your income in retirement plans.
• 15

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Retirement/College Planning 4

• You should save for college using the _____.
• ESA

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Retirement/College Planning 5

• Never ______ on your retirement plan except in
  dire emergencies.
• Borrow

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Retirement/College Planning 6

• This is a retirement plan for self-employed
  people.
• SEPP

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Retirement/College Planning 7

• This is a deferred comp plan.
• 457

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Retirement/College Planning 8

• This is the typical qualified plan found in most
  corporations.
• 401(k)

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Retirement/College Planning 9

• This is a qualified plan for non-profit groups
  such as schools and hospitals.
• 403(b)

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Retirement/College Planning 10

• This is the college fund you would use the above
  the ESA.
• UTMA