Finances
Managing your money.
What is a budget?
Essential for living.
What are needs?
This allows you to send money straight to someone else?
What is P2P? (Person to Person)
The additional money you pay after you borrow money.
What is interest?
I want it but I can wait.
What is delayed gratification?
Checking prices at several stores before buying.
What is comparison shopping?
Money that you receive.
What is income?
The card you use when its' your own money.
What is a debit card?
The card that is really a loan.
What is a credit card?
I use my money to make money.
What is a collector or investor?
I want it and I want it now.
What is instant gratification?
Your total pay before deductions.
What is gross pay?
Things that are important to you?
What are values?
How much of your income should be put in savings?
What is 20%?
How much of your income should be spent on wants?
What is 30%?
You work 40 hours per week.
What is Full-Time?
What is on a restaurant receipt that is not on a store receipt?
What is a tip?
How much of your income should be spent on needs?
What is 50%?
What letters should you look for before putting your money in the bank?
What is FDIC?
These letters show the total amount of earnings deductions.
What is YTD? (Year to Date)
These are the days you work before receiving a check.
What is pay period?
Groceries, rent and transportation are all in this category.
What are expenses?
When you are influenced by social media and advertisements and they get in your head.
What is psychological?
Spending more money than you have.
What is overdraft?
Small online payments; usually for video games.
What is a microtransaction?