An investment that is a share of ownership in a corporation.
What is a stock?
This includes all the records of loans you have taken out and paid back
What is your credit report?
This is contract between an individual and an insurer where the insurer promises to pay beneficiary a sum of money
What is life insurance?
This type of federal student loan does accrue interest once the loan is finalized.
What is an Unsubsidized Loans?
This is what lenders use to calculate your loan approval by dividing debts owed by gross income.
What is debt to income ratio?
This is a labor market characterized by short-term, flexible, and independent work.
What is a gig economy?
In finance refers to the ease and speed with which an asset or security can be converted into ready cash
What is liquidity?
This is the federal government's largest revenue source from tax payers
What is federal income tax?
Is a financial strategy where income minus expenses equals zero, meaning every dollar is assigned a specific purpose
What is Zero Based Budgeting?
This type of inquiry temporarily impacts your credit score
What is hard inquiry?
Your wages AFTER deductions.
What are net wages/pay?