Credit
A card with an unlimited budget but must be paid back.
What is Credit Card?
A penalty/fine for the withdrawal of money before the retirement age.
What is a Early Withdraw Penalty?
A formal written statement of management’s plans for a specified future time period, expressed in financial terms.
What is Budget?
The amount of credit you are authorized to use.
What is Credit Limit?
Founder of Microsoft.
Who is Bill Gates?
A card with a limited budget.
What is Debit Card?
An Individual Retirement Account that is available to plan for retirement.
What is IRA?
A projection of budget data for various levels of activity.
What is Flexible Budget?
The increase in value of an asset.
What is Appreciation (IPO)?
Founder of Blue Origin?
Who is Jeff Bezos?
A score based on when credit payments are due on time.
What is Credit Rating?
A contract made with insurance company to provide future income.
What is annuities?
A type of credit taken out of the bank with intrest.
What is Loan?
The cost of credit for one year expressed as a percentage.
What is Annual Percentage Rate (APR)?
Founder of Berkshire Hathaway
Who is Warren Buffet?
Most important part of a credit score that makes up 35% of he rating.
What is Payment History?
A retirement savings plan sponsored by an employer
What is a 401(k)?
An estimate of revenue and expense across all sources of funding.
What is Plan?
A document that provides investors with the summary of recent financial standings.
What is balance sheet?
CEO of Boeing
Who is Dave Calhoun?
Credit card billing cycle.
When is Monthly?
An individual retirement account under United States law that is generally not taxed upon distribution, provided certain conditions are met.
What is Roth IRA?
A revised prediction or project of the amount of fiscal year expense or revenue.
What is Forecast?
A state-specific savings account used for college expenses.
What is 529 Plan?
Creator of PayPal.
Who is Elon Musk?