Let’s you buy now, and pay later.
what is Credit
Putting money into something, with hopes it goes up when pulled out
What is Investing
Taxes that are taken from your paycheck
What are Direct taxes
The person who has the insurance policy
What is policy holder
Savings plan that gets taxed now
What is Roth IRA
Type of credit that had a security deposit as a limit.
what is Secured
Profits while investing are made by this idea
What is buy low, sell high
Taxes on goods and services at time of purchase
What are Indirect Taxes
The money paid to the insurer to keep it going
what is a premium
Saving plan that gets taxed later when pulled out
What is IRA
Expensive items get paid off over time in a plan called
What is Installments
You should do this when making an investment portfolio
What is Diversify
Tax plan where Higher incomes are taxed more
What is Progressive
Protection from potential losses by paying a premium to a company
What is Insurance
This should be done when saving large amounts of money to prevent losses
what is Diversify
A number that companies use to see if they should loan you money
What is Credit Score
Betting on the price of a particular good, at a certain date and time
What is futures
Tax plan where lower incomes are taxed more
What is Regressive tax plan
What you pay before the insurance company takes over.
What is deductible
Age at which IRA funds are withdrawn
what is 59.5yrs old
20% APR as a monthly APR is
What is 20%/12
Stock with no voting rights and has fixed dividens
What is a Preferred stock
Tax plan where every income gets taxed the same percent
What is a Flat tax
List of damaged or lost items sent to Insurers
What is a Claim
Savings account for specific time period
What is CD