Insurance
This type of life insurance has lower premiums
What is Term Life Insurance?
Purchasing ownership in a company represents this type of investment.
What is Stock?
Taxes on investment gains are known as this type of tax
What is Capital Gains Tax?
This type of card is linked directly to your checking's account
What is a debit card?
Something that you must have in order to function
What is a need?
This type of life insurance builds cash value over time
What is Permanent Life insurance?
This type of investment is where the investor loans money to a corporation or the government.
What is a Bond?
Texas, Florida, and Wyoming are all examples of states with this % state income tax.
What is 0%?
This component of your credit score represents 35%.
What is payment history?
This method focuses on paying off the highest interest debts first
What is the avalanche method?
This type of property insurance is geared towards young adults and college students
What is Renters Insurance?
You can pull money from a Roth IRA penalty free at this age
What is 59.5 years?
The federal tax system in America is known as this type of tax system.
What is a Progressive Tax System?
An exceptional credit score has this minimum value
What is 800?
This rule represents how to budget your income
What is the 50/30/20 rule?
If visiting the dermatologist, this type of insurance would be used.
What is Health Insurance?
Fidelity and Vanguard are most well known for offering this type of investment account
What is a Brokerage Account?
This type of tax system requires everyone to pay the same percentage of their income in taxes.
What is a Flat tax system?
What is a Hard Inquiry?
3 to 6 months worth of expenses represents this type of savings
What is Emergency Fund?
This type of auto insurance pays for damages or injuries you cause to others
What is Liability Insurance?
A principal of $100 with a 10% return compounding annually would reach this value after 2 years.
What is $121?
This amount represents the sales tax you would pay after purchasing a $1000 iPhone in Florida (6%).
What is $60?
This is the amount of money that you can borrow on credit
What is Revolving Line of Credit?
20% of your total income should represent this portion of your budget
What is Savings?