Savings
Paying extra on borrowed monies.
What is interest?
A retirement plan from a for-profit employer.
What is a 401K?
Retail, credit union, and online are these
What are types of banking?
Lets you borrow money to make purchases.
What is a credit card?
Record that details credit history
What is a credit report?
Formula for doubling an investment.
What is the rule of 72?
Ownership in a company, very risky type of investment.
What is a stock?
The FED=
What is the federal reserve?
A store card with higher interest rates.
What is a Merchant Credit Card?
3 digit rating that determines the likelihood of paying of debts.
What is a Credit Score?
Savings account, money market account, and certificate of deposit are blank.
What are 3 types of savings vehicles????
Something you purchase from the government or a company that isnt very risky
What is a bond?
Checking, savings, cd's and money market accounts are all blank.
What are types of accounts?
Card with money available for use
What is a prepaid card?
Experian, Equifax, and Transunion are 3 major what?
What are credit bureaus?
Plan for the use of income.
What is a Budget????
Mix of different stocks and bonds
What is a mutual Fund???
Atm, Bounced Check and service are examples of
What are different account fees??????????
Like a merchant card but must be paid in full monthly
What is a charge card?
How often is the recommended period between credit score checks.
What is annually?
type of interest
What could be any of the following: Simple, compound, fixed, variable, balloon
Collection of investments
What is a portfolio?
The people who print monies
What(Who) Is/are The fed?
The three basic payment types are-
What are paper(cash/check) plastic, and electronic?
Is it safe to give your social security # to a neighbor?
NO!!!