Interest/Loans
What is one things that you might get a loan for?
Car, school, mortgage, personal, Etc...
Is it legal to drive without auto insurance in PA?
No
What is PA's sales tax?
6%
What is PA's minimum wage?
$7.25
What is the first thing to do when you get a credit card?
Buy something small to build your credit score
What card has interest on it if you don't pay the bill back on time?
Credit Card
If your basement floods, what insurance would you need to help pay for the costs?
Home-owners
What is PA's income tax rate?
3.07%
What is the paper that you get mailed that has your pay information on it?
A Paystub
Which bank account do you use more than the other?
Checking account
When getting a loan, do you want the interest on it to be high or low?
Low
What are the 5 main types of insurance?
Auto, Health, Home-owners, Life, and Disability.
Does every city in the PA have the same sales tax?
No, Philadelphia and Pittsburg have different sales tax.
What is it called when you earn a certain amount of money in one year no matter how many hours you work?
Sallary
What are two ways to pay for a house?
Rent and Mortgage
What account earns more interest, checking or savings?
Savings
What auto insurance do you need to help pay the costs if you hit/struck something?
Collision
What tax helps the school that you go to?
Property tax
What is Net Pay?
The amount of money you take home after taxes.
What is the group of 500 shares in the stock market called?
The S&P 500
What is the the score that needs to be good to get a loan?
Credit Score
What is the insurance that pays for injuries for you and your passenger when the person that caused the injuries does not have insurance?
Uninsured Motorist
What are the 5 main types of taxes?
Income, Payroll, Property, Sales, and Excise
What is Gross Pay?
The amount of money that you earned before taxes.
What are you supposed to leave after getting a service?
A Tip