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10 questions
What is saving money?
The process of not spending extra money
The process of spending extra money
Spending money on things I don't need
What does an ISA stand for?
Individual Savings Account
Incredible Savings Account
A person will put money in an Individual Savings Account to save money for the future
True
False
What type of account will a person pay a fee on money in the account?
Individual Savings Account
Deposits and savings account
What is a pension?
A short term saving plan for a holiday
A long term saving plan for when people stop working
In the UAE, what age can Emirati's stop working and collect a pension?
21
49
65
86
What is an investment?
When people put money into a business to make less money
When people put money into a business to make more money
A reward is when something good happens
True
False
A risk is when something bad might happen
True
False
What is a share of a business?
When a person buys all of the business
When a person buys part of a business
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