Credit
Paying on time is the most significant factor for determining your...
What is credit score?
When you deposit money into your account, you must fill this out
What is a deposit slip
A spending and saving plan based on your projected income and expenses.
What is a Budget.
A type of crime in which your private information is stolen and used for criminal activity.
The name of the tax form is
What is 1040
True or False: You should always pay only the minimum amount due on a credit card.
False. Always pay more to reduce the interest paid.
The number that is used as a reference number for checks
What is the check number
Costs that your are obligated to pay at specific times, regardless of other events
Fixed Expenses
An attempt to trick someone, usually with the intention of stealing money or private information
What is a scam
The first thing you should mark when filling out a tax form
What is filing status
Term used to describe what the consumer pays to borrow money. Essentially the cost of a loan.
What is interest?
True or false: You must always sign a deposit slip.
What is false
The money you have left to spend or save after taxes have been paid
True or false: You should always carry your social security card in your wallet for identification purposes.
What is False.
This information can be found in box 1 on page 2 of the tax return
What is wages, salaries, tips, etc.
Experian, Equifax, Transunion
What are the credit reporting agencies
The number on the bottom of the check that specifies which bank your check needs to be returned to
What is the routing number
Who should you always pay first after earning a paycheck?
Yourself! (savings account)
What is existing account fraud
Single, Married Filing Jointly, Married Filing Separately, and Head of Household are examples of
What is filing status
A missed payment or a bankruptcy stays on your credit report how many years?
What is 7-10 years?
You use this to keep track of your expenses and income
What is a check register
What is the total percentage of your net monthly income that should be accounted for in your budget
What is 100%
Occurs when a thief uses your SS number and other identifying information to open new accounts in your name
What is new account fraud
The amount found in box 19
What is the refund amount