Credit
Not paying on time
What is something alot of people do to get in debt
Money people and businesses pay to the government to help fund services like schools roads fire departments and police departments
What are taxes
A statement showing money owed for a product or service like electricity or internet
what is a bill?
A service that helps protect people from large financial losses by covering certain costs after accidents or emergencies
What is insurance
So you can bay bills and expenses
why is it important to get a job
They usually sign up for free and don't know it to get something for free
How do people in school get so many credit cards?
it is tax that is taken from money that is earned
What is a tax income?
late fees may be added and it can hurt your credit score
if bills are paid late
The amount of money paid regularly to keep an insurance policy active
What is a premium
Around 16-18 years old
what is the best age to get a job
Only use it on gas and small expensive items
What is the best way to be smart with a credit card?
it is a tax that is on food and anything that is sold for a profit.
sales tax's
A bill for services such as water gas electricity, or trash collection
what is a utility bill?
The amount a person must pay out of pocket before insurance starts covering costs
What is a deductible
having your own money and being able to save and buy things you are dreaming about.
what are some benefits to having a job
700-higher
A good credit score
Money the government gives back if you paid more taxes than you owed during the year.
tax refund
It tells you the last day payment should be made to avoid penalties
the purpose of a due date on a bill
Insurance that helps pay for doctor visits hospital stays and medical treatments
What is health insurance
dressing nice, eye contact, and hand shakes
when applying for a job what makes you stand out
banks wont give you a loan and make your interest rate higher
bad credit score
Certain expenses that can lower the amount of income that gets taxed.
What is a tax deduction?
A system where payments are taken from a bank account automatically each month
What is automatic bill pay
Insurance that helps cover costs from car accidents damage or theft
What is car insurance
be cocky swearing and being rude
when going for a job what should you NOT do