Put money in a bank account to use later for emergencies or spend on something big.
What is a "savings account"?
A type of loan that can be repaid over time after college.
What is a "student loan"?
A number that reflects how well a person handles their credit.
What is credit score?
What is it vital to have to reach your financial goals?
What is a plan?
Shelter, clothing, food, utilities and transportation are all examples of what?
What are needs?
This card type allows you to pay over time.
What is a "credit" card?
A promise to repay money according to an agreement with terms and conditions.
What is credit or loan?
Schemes to con you out of your money.
What is a "scam"?
A document that lists all of your monthly income and expenses.
What is a budget?
Percentage of income you should be saving?
What is 20%?
A deposit account held at a financial institution that allows withdrawals and deposits.
What is a checking or savings account
This person is owed money
Who is the creditor or lender?
The score of "850"
What is the perfect credit score?
System to store payment information from credit/debit cards.
What is a "digital wallet"?
Video games, travel, trendy clothes, fast-food are examples of what?
What are wants?
What type of interest causes your money to grow exponentially more over time?
What is compound interest?
To take back goods bought on credit if repayments have not been made
What is repossession (repossessed)
An account in which you lock in money for a period of time in exchange for a higher interest rate.
What is a GIC?
The best way to reduce your credit card debt.
What is pay more than the minimum payment required?
What percent of your income does the Bible say to give back to God?
What is 10%
A card that takes money directly out of your bank checking account.
What is a "debit" card?
The cost of borrowing money.
What is an "interest rate"?
When a business, or person, is unable to pay her or his debts
What is bankrupt (bankruptcy)?
Examples of this type of expense include mortgage/rent, insurance, real estate taxes, and vehicle registration.
What is fixed expenses?
What woman would be sad if she lost twenty pounds?
Who is a British woman (pounds are the currency)