SAVING
BUDGETING
DEBT
LIFE AFTER HIGH SCHOOL
CONSUMER AWARENESS
100
$500
What is emergency fund
100
A written cash flow plan
What is a budget
100
A type of card issued by a bank that allows users to finance a purchase
What is a credit card
100
Pay this for college
What is cash
100
The feeling of regret or concern after making a large purchase
What is buyer's remorse
200
Saving money over a time for a large purchase
What is sinking fund
200
A series of envelopes that are divided into categories in which you will put money in
What is envelope system
200
A measure of an individuals credit risk
What is credit score
200
Do not use this to pay for college
What is loan
200
to buy an item with credit; paying over time
What is financing
300
This is the key ingredient when it comes to wealth building
What is discipline
300
occurs when money is withdrawn from a bank account and the available balance goes below zero
What is overdraft
300
A decrease or loss in value
What is depreciation
300
A form of federal or state financial aid that does not need to be repaid
What is a grant
300
when a store does product placement this has the most impact
What is color
400
Interest paid on interest previously earned
What is compound interest
400
a system to match your bank statement with your checkbook
What is reconcile
400
an expense, such as a charitable contribution that can be deducted from one's taxable income
What is tax deduction
400
A program that allows students to work part time while continuing their studies
What is a work study
400
these people are teens strongest influence over their purchases
Who are friends
500
A persistent rise in the price of good and services over a period of time
What is Inflation
500
a cash flow plan that assigns an expense to every dollar of your income, wherein the total income minus the total expenses equals zero.
What is Zero based budget
500
a yearly fee that's charged by the credit card company for the convenience of the credit card
What is annual fee
500
Almost every purchase you've made started with this
What is advertising
M
e
n
u