Budgeting
Investing
Credit
Banking
Insurance
100
A plan for managing your money during a given period of time.
What is budget
100
What people usually do to meet short-term goals?
What is saving
100
Someone is willing to loan you money?
What is credit
100
A for-profit company, owned by investors in its stock?
What is a bank
100
Chance of loss from some type of danger?
What is risk
200
Which expense costs the same amount every time?
What are fixed expenses
200
You're setting aside your money aside for longer term goals?
What is investing
200
Amount you pay to use someone else's money
What is interest
200
ATM stand for?
What is automated teller machine
200
Refers to how you deal with the chance of a potential personal or financial loss?
What is risk management
300
The total amount of income from your wages before any payroll deductions?
What is gross income
300
Relationship among time, money, and rate of interest?
What is time value of money
300
What does APR stand for?
What is annual percentage rate
300
Two places to deposit money you don't plan to spend right away?
What is savings account or share account
300
Written contract detailing what an insurance company will cover, how much it will pay, and how much you will pay
What is insurance policy
400
The form filled out when you start your job that gets your information for taxes?
What is form W-4
400
Three elements of money?
What is time, money, rate of interest
400
Five factors you should remember when looking for credit?
What is annual fee, credit limit, finance charge, orgination fee, loan term, grace period
400
EFT stand for?
What is electronic funds transfer
400
Amount you pay for an insurance policy
What is premium
500
What are the four tax deductions?
What is federal income tax, state income tax, social security income tax, medicare tax
500
Formula to calculate the compound interest?
What is A=P(1+i)^n
500
Four common types of credit?
What is credit card, installment loan, student loan, mortgage
500
In short, automated services offer? (4 things)
What is convenience, personal safety, knowledge, time savings
500
Means of guaranteeing you financial protection against various risks
What is insurance
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