Credit v. Debit
Amount funds a bank clears you to spend which you will pay back
What is a pre approved credit?
The safest way of holding money is to put your money is one of theses accounts
What is a savings account?
Help people complete transactions, with Saving, and quickly with money
What is Financial Institutions?
What is taxes?
There are two groups you need to know when you are budgeting a item
What are needs and wants?
A person has a credit score that contains a variety of numbers that represent a variety of things
What is a contains a numerical expression of a persons creditworthiness and is based on information in a credit report?
Money received on a regular basis for work or through investments
What is income?
A financial institution can help with something in your future
What is investments?
There is a variety of different taxable items that are inside a household
What is clothing, jewelry, vehicle, furniture, art, and food?
Children have a variety of items and things in their minds
What are wants?
Consumers when they pay back their bills in time make them have a good history in debit which makes them have more things accessible
What is loans for houses, cars, boats, and home improvement?
To commit money to gain a profit or earn interest
What is to invest?
Financial Institutions have a variety of things
What is Credit Union, Banks, savings, and loans?
A debit card allows a consumer to do a variety of different tasks and actions that a credit card isn’t able to do
What is it allows for an immediate
To automatically save a specified amount from a paycheck for future use
What is risk?
There are a variety of reasons that making a saving accounts good and bad but there is a solution to solve that problem
What is stocks, mutual funds, and bonds?
Credit reporting holds a lot of key things in a person or consumers life
What is where you live, how you pay your bills, if you have been sued or arrested, if you have been filed for bankruptcy, previous addresses, social security number, current or previous employers estimated income, credit card amounts payed and owed, and loan information?
To automatically save a specified amount from a paycheck for future use
What is pay yourself first (PYF)?
Most banks and credit unions are insured by a group
What is goverment?
There are many times of taxes that effect a persons pay check
What is federal income tax, state income tax, Medicare tax, and social security tax?