Banking
A legal proceeding involving a person or business that is unable to repay outstanding debts.
What is Bankruptcy?
A financial plan used to forecast and track income and expenses.
What is a budget?
Money spent for goods and services.
What are expenses?
Position of employment with specific duties and compensation.
What is a job?
A contract by which someone guarantees for a fee to pay someone else for the value of property if it is lost or damaged.
What is insurance?
The providing of money or goods with the expectation of payment in the future. Trust given to a customer for future payment for goods purchase.
What is credit?
Examining different brands or models of a product (to learn about variations in quality, size, etc.), or the prices charged by different sellers (to learn about possible cost-savings), before deciding what to buy.
What is comparison shopping?
A cost of goods or services that is paid regularly.
What are fixed expenses?
The name for a unique set of tasks, skills and abilities that a worker performs.
What is an occupation?
A company that offers insurance policies to the public.
What are insurance companies?
Through Apple Pay, Softcard, Google Wallet.
What are mobile payments?
A phrase commonly used in personal finance and retirement planning literature that means to automatically route your specified savings contribution from each paycheck at the time it is received.
What is pay yourself first?
Costs which occur on an irregular basis, rather than monthly.
What are periodic expenses?
Compensation, most usually monetary, paid in exchange for fulfillment of one's duties in a position.
What is salary?
Insurance types- Insurance against loss due to ill health.
What is health insurance?
Being paid or paying electronically via ACH.
What is Direct Deposit and Direct Debit?
Money put aside for profit: A financial holding that is purchased with the expectation of increased value.
What is investment?
Required payments of money to governments that are used to provide public goods and services for the benefit of the community as a whole.
What are Taxes?
Profession or field of employment for which one trains.
What is a career?
Insurance purchased for cars, trucks, and other road vehicles.
What is automobile insurance?
A savings certificate entitling the bearer to receive interest. It bears a maturity date, a specified fixed interest rate, and can be issued in any denomination. They are generally issued by commercial banks and are insured by the FDIC. The term of a ____ generally ranges from one month to five years.
What is a CD?
A subset of economics. The science that describes the management, creation and study of money, banking, credit, investments, assets and liabilities.
What is finance?
Loans designed to help students pay for university tuition, books, and living expenses.
What are student loans?
The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit.
What is entrepreneurship?
A form of insurance that protects the insured property against loss from theft, liability and most common disasters.
What is home owner/renter insurance?