Financial Terms
To take money out of an account.
Withdrawal
You triflin', good-for-nothing type of brother
Silly me, why haven't I found another?
A baller, when times get hard
I need someone to help me out
What is Bills, Bills, Bills, by Destiny's Child
A financial institution that accepts deposits and makes loans.
What is a bank
Oliver earns $800 per week. He works 25 hours per week. How much money does Oliver earn per hour?
$32 per hour
What is interest
To put money into an account
Now, who's hot who not
Tell me who rock who sell out in the stores
You tell me who flopped who copped the blue drop
Who jewels got robbed who's mostly Goldie down
What is The Notorious BIG, Mo Money Mo Problems
$250,000
What is the amount of money a bank will insure.
50% of money goes to needs 30% goes to wants, and 20% goes to saving/debt.
50-30-23 budget rule
A number rating derived from the information in your credit report.
The total wealth you have after paying all liabilities.
Net worth
Gotta upgrade the stars, outer space for me (Yeah)
'Lotta blue cash in a rubber band (A lotta blue cash in the rubber)
Mount it—, she in Barbie land (She in Barbie land)
Tropicana diamonds, rock 'em by the tens (By the tens)
What is Money by Young Thug
Luxen's checking account balance is $500. Nonbank ATM withdrawals have a $2 fee and she withdrew $20 from a nonbank ATM. She also wrote a check for $100. What is her balance now?
What is $378
When your expenses are greater than your income
What is a budget deficit
A loan to purchase a house
What is a mortgage
a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
Profit
We went from rags to riches
Project fences to livin' luxury
Now we live luxury
Straight out that bottom
Nobody gave nothing to me
What is Rags to Riches 2 by Rod Wave and Lil Baby
Mark has $54.78 in his checking account and needs to buy new basketball shoes before the game. The shoes will cost $80. Which card could he use?
A credit card because he doesn't have enough money in his account.
The money you earn before deductions, like taxes.
What is gross income
A borrower's reputation and credit history.
What is Character
A person that organizes and operates their own business.
Entrepreneur
I got bands in the coupe (coupe)
Bustin' out the roof
I got bands in the coupe (coupe)
What is Money, By Cardi B
An account at a financial institution that allows for withdrawals and deposits.
What is a checking account?
Money that is set aside for an emergency or unexpected expense.
What is a savings account?
A small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.
What is a credit card