Money Management
This is the best reason to save money.
What is providing for future needs?
A future date written on a check is referred to as this.
What is postdating?
Credit card companies may charge this if you go over your limit or pay late.
What is a penalty fee?
A health care plan requires in-network doctors for maximum reimbursement.
What is a managed care plan?
This kind of scam uses fake emails to steal your personal info.
What is phishing?
In a balanced budget, these two must equal each other.
What are expenses and savings with earnings and borrowing?
A check that is returned due to insufficient funds has done this.
What is bounced?
This is one way to reduce credit costs.
What is paying cash for small purchases?
This government program provides health care for people with low incomes.
What is Medicaid?
Using earned dividends to purchase more stock is called this.
What is dividend reinvestment?
Most experts recommend families spend no more than this percentage of net pay on fixed expenses.
What is 50 to 60 percent?
This person is the recipient of a check.
Who is the payee?
This is the amount a bondholder is paid at maturity.
What is face value?
Your tax filing status is based on this.
What is marital status?
A consumer account with points redeemable for merchandise has this program.
What is a rewards program?
Your financial position is based primarily on this.
What is capital?
A check written by a bank on its own funds is called this.
What is a cashier’s check?
This request blocks access to your credit file.
What is a credit freeze?
This is an addendum to an insurance policy that alters coverage.
What is a rider?
A bond issuer that can’t make payments has done this.
What is defaulted?
This type of work schedule fits 40 hours into less than five days.
What is a compressed workweek?
This type of institution offers the widest range of banking services.
What is a commercial bank?
This type of loan is backed by collateral.
What is a secured loan?
This type of tax remains the same rate regardless of income.
What is a proportional tax?
This type of income is not taxed.
What is life insurance benefits?