Money Management
Cost of Money
Banking
Insurance
Saving and Investing
100

the total amount of income from wages before any payroll deductions & Taxes

Gross Income

100

usually pay the highest rates of interest because they have lower risks and costs of operation. They are not-for-profit organizations

Credit Unions

100

must notify be to track large deposits, the federal government requires that deposits of $10,000 or more

US Treasury Department

100

Covers damages to the policyholder's car if they are at fault.

Collision

100

a share of ownership and interest in the assets and earnings of a company

Stock

200

A plan for making and spending money

Budget

200

General Rise in prices

Inflation 

200

financial product can you buy for $25, is safe, and will be worth $50 at a future date

Series EE Savings Bond

200

Covers medical expenses for you.

Medical

200

stock with fixed dividends, less risk

Preferred Stock

300

How easily an asset can be converted into cash

Liquidity

300

Can lower stock prices because of lower business profits

Rising Interest

300

Balancing your records with the banks records

Reconciling a checking account

300

Amount of money that the policyholder has to pay the insurance company for protection.

Premium

300

a group of investments held in common with shares owned by individual investors

Mutual Fund

400

6 months worth of expenses is recommended for what? 

Emergency Fund

400

The cost to use someone else's money for a period of time is

Interest Rate

400

putting money into a savings account before spending any money

Pay Yourself First

400

The amount the policyholder must pay for expenses before the insurance company pays anything.

Deductible

400

an account in a bank/financial institution for saving, making deposits/withdrawals

Savings Account

500

government imposes a tax on specific goods and services such as alcohol, cigarettes, gasoline, and airline

Excise Tax

500

requires that the finance charge and annual percentage rate be disclosed to the consumer in advance

Truth in Lending Act

500

This financial institution account generally does not pay interest. 

Checking Account

500

Legal responsibility to pay if a person causes an accident or harm to someone.

Liability

500

how easily the interest or cash value of an investment can change

Volitility

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