Insurance
The amount paid for insurance each month.
What is a premium?
An item that is important to basic survival.
What is a need?
A place where investors can buy and sell parts of a business.
What is the stock market?
This is a method of paying that takes money directly from your account.
What is a debit card?
Amount of money paid for work based on an hourly rate.
What is a wage?
The amount the client pays before insurance pays.
An item that can improve your life but is not required.
What is a want?
A percentage of money given back to shareholders by business.
What is a dividend?
Method of paying where you pay for what you buy each month, at the end of each month.
What is a credit card?
Amount of money paid for work based on a yearly rate.
What is a salary?
___ goes up as you get older, increasing the need for insurance.
What is risk?
A method for saving and managing money.
What is a budget?
Works similarly to a stock but it tracks multiple different stocks to create an average.
What is a index fund?
How much money you own some one or some company. Usually tied to an interest rate.
What is debt?
A formula for calculating an account's doubling time.
What is the rule of 72?
This insurance covers damages you've caused to others.
What is Liability Insurace?
When an item's price is reduced for a limited amount of time. Usually smart to wait for this to happen before you buy something.
What is a sale?
Strategy to stay on top of your bills by focusing on important expenses.
What is "Pay Yourself First?"
A bank account that allows few transactions but giving you interest back.
What is a savings account?
When someone or a bank gives you money to buy something that you pay back over time.
What is a loan?
This insurance will pay part of your salary in case of injury preventing work.
What is Workers Compensation Insurance?
What is unit price?
Percentage of money that accumulates over time on a loan or investment.
What is interest?
A measurement for your financial history based on bills, debt, and accounts.
What is credit score?
A item or place you want to obtain in a certain amount of time. Can be long or short term.
What is a financial goal?