Banking
Spending Plans
Expenses
Personal Finance
Saving
100
One of the factors people use when choosing a bank.
What is location, convenience, rates, or fees?
100
This is something every spending plan should have.
What are goals?
100
Examples of this type of expense include mortgage/rent, insurance, real estate taxes, and vehicle registration.
What are fixed expenses?
100

This a way to borrow money to make purchases or withdraw cash, and it's usually a plastic card that you can use anywhere it's accepted.

What are credit cards?

100

How to Save Money? 

What is Budgeting? 

200
A request for your bank to pay another party from funds in your account.
What is a check?
200
This may include your paycheck, child support, alimony, investment income, and/or other income.
What is your source of income?
200

The easiest type of expenses to adjust.

What are flexible/variable expenses?

200
The best way to reduce your credit card debt.
What is pay more than the minimum payment required?
200

This is the best way to protect your credit?

What is pay your bills on time?

300

What types of accounts can you have in a bank?

Checkings, Savings,Certificates of Deposit (CDS), High yield Savings Account, and Merchant Account

300
The term used to describe the things you spend your money on.
What are expenses?
300

Using these reduces your grocery bill, which is one way to help lower your monthly grocery expenses.

What are coupons?

300
When possible, it is better to buy a home rather then rent because purchasing real estate is considered an investment. As you pay off your mortgage you build this.
What is equity?
300

What's another way to save money in the eating category?

Not going out to eat all the time and investing in groceries.

400

What does CD stand for? What is a CD

Certificates of Deposit,  A fixed rate of interest is paid over a set period of time. Business CDs are available for business owners to store and grow cash reserves 

400
One of two types of expenses.
What are fixed or flexible (variable) expenses?
400

This can provides food benefits to low-income families to supplement their grocery budget so they can afford the nutritious food essential to health and well-being.

What SNAPS Food Assistance? What is Food Stamps?

400
Preferably, the only types of purchases that should be financed are these.
What are large purchases (such as a house or car)?
400
The best time to begin saving for retirement.
What is As Soon As Possible?
500

This happens when you write checks for more money than is in your account.

What is an overdraft? What is Bounced Check?

500
Every spending plan should be this.
What is realistic?
500

What is it called when the total amount of money an employee earns from their job over the course of a year. It's usually paid in equal installments, like monthly or biweekly, and doesn't include overtime pay or hours worked. 

What is Annual salary?

500
Calculate this by taking the total amount of money and assets you have and subtracting the total amount of money you owe.
What is your Net Worth?
500
This represents the amount of money left over after all bills have been paid.
What is descretionary income?
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