Blank% Needs
What is the 50 in the 50-30-20 rule?
Occurs when you don't have enough money in your account to cover your transactions.
What is overdraft fee?
Flexibility and Landlords pay for repairs.
What is Advantages of Renting?
During the period of the lease, the landlord cannot raise your rent without your written consent and reduced chance of being kicked out.
What is Advantages of Leasing?
Contract between you and your insurance company.
What is a Insurance Policy?
Blank% Wants
What is the 30 in the 50-30-20 rule?
A reward, cash, or etc., that a company gives to its shareholders.
What is dividends?
No control over rent and can be evicted.
What is Disadvantages of Renting?
When a lease ends, tenants (Renters) are generally not guaranteed the opportunity to renew their lease.
What is Disadvantages of Leasing?
Amount of money the insurance company agrees to pay for an incident according to your policy.
What is Coverage?
Blank% Savings
What is the 20 in the 50-30-20 rule?
A short-term agreement between the owner (Landlord) of an apartment complex or home and an individual in need of housing.
What is renting?
An agreement between you and an insurance company.
What is Insurance
If something happens, you need to file a BLANK with your insurance company.
What is a Claim?
Amount of money you pay for an insurance policy; can be billed monthly, quarterly, biannually, or annually.
What is Premium?
Monetary compensation (or remuneration, personnel expenses, labor) paid by an employer to an employee in exchange for work done.
What is wage?
Generally lasts for 12 months (Or 6 months, 18 months, or 24 months is possible but not as common).
What is Leasing?
Amount you’ll have to pay out of pocket before the insurance will pay the rest.
What is Deductible?
The most money you’ll have to spend within a given year.
What is Out-of-Pocket Maximum?
Covers damage to your car after a collision with another car or object.
What is Collision Insurance?
Form of payment from an employer to an employee, which may be specified in an employment contract.
What is salary?
The practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the internet.
What is crowdfunding?
If someone steals your name, personal information, social security number, etc. and take out credit cards and loans in your name, it can create a financial mess for you very quickly.
What is Identity Theft Insurance?
Extended liability coverage that you can add to an auto or homeowners policy.
What is Umbrella Insurance?
Money received from investments, dividends, interest, royalties from an investment, and capital gains.
What is Portfolio Income?