Saving
A physical container to save money in -- commonly found in the shape of a pig.
Piggy Bank
The price you pay your loan lender for borrowing money.
Interest
A free application that doesn't charge you for checking your credit score.
Credit Karma
This is an example of an investment product.
Stocks, Bonds, Municipal Bonds, Mutual Funds, Exchange-Traded Funds, Annuities, Certificates of Deposit, Money Market Funds, Commodities, Hedge Funds, Real Estate Investment Trusts, International Investing
An RA who lives on the first floor.
Chris or Jerilene
It is important to know the difference between these when saving. Do you actually ____ that or is it just that you ____ it?
Wants and Needs
The length of time that the borrower has to pay back the loan.
Term of a Loan
Why is credit important?
Good credit is necessary if you plan to borrow money for major purchases, such as a car, a phone, an insurance plan, or a home.
A sum of money paid regularly by a company to its shareholders out of its profits.
Dividend
The four freshman residence halls here at NMSU.
Juniper, RGH, Pinon, Garcia
A plan or estimate of the amount of money needed for cost of living or for a specific purpose
Budget
Name the two different types of loans.
Unsecure and Secured Loans
A good credit score is ____.
Within the range of 600-800
What is the minimum amount of money you need to have to start investing?
Anyone with money can invest; you can enter the stock market with as little as $10
An application you fill out for scholarships here at NMSU.
Scholar Dollar
Learn how to use this both physically and digitally and you'll save on a number of specific items.
Coupons
If your lender doesn't do a soft pull...
Your Credit Score is affected
The name of the most commonly used Credit Bureau.
FICO
Knowing your ____ level will help you make wise investments.
Risk Tolerance
Not including this one, name or describe one program that I've done.
You're amazing for remembering and I appreciate your attendance :)
A money-saving strategy that visualizes your spending in percentages.
50/30/20 Rule
What is the consequence for paying a loan off early and why?
Some lenders make you pay a prepayment penalty fee because they don't gain any interest the earlier you pay it off
Why are there three credit scores?
Because there are 3 credit bureaus recording your credit history: in the U.S. it is Equifax, Experian and TransUnion.
Stocks go up because of ____.
Supply and Demand
Name five people in the room--you can't name yourself.
INCREDIBLE JOB