Court Systems & Financial Wellness Flashcards
Three Branches of Government
Judicial
Executive
Legislative
What branch of government is law enforcement in?
Executive
How many Supreme Court Justices are there?
7
Where the crime occurred.
Venue
Charges sentenced to up to one year in jail.
Misdemeanor
Charges sentenced to one year or more in jail or prison.
Felony
Who presses charges?
Prosecutor
Exchange of information between the prosecution and the defense.
Discovery
Voir Dire
Jury Selection
Rule of 72
Divide your interest rate into the number 72. This is the number of years it will take your money to double.
Who said “compound interest is the most powerful force in the universe”?
Albert Einstein
3 Things That Will Take Your Money
Taxation
Inflation
Market Fluctuation
3 D’s of Successful Investing
Discipline
Dollar Cost Averaging
Diversification
What does DROP stand for?
Delayed Retirement Option Plan