What is Financial Literacy
What defines Financial Literacy?
What is the possesion of a body of financial knowledge.
What are Commercial Banks?
what is a business in which the primary function is to receive, transfer, and lend money to individuals, businesses, and governments
What does a credit card do?
what is the ability to purchase what we want, when we want.
What is Health Insurance?
what is insurance that provides protection against financial loss due to illness or injury
Why do people study economics?
what is the education that will help you have a better understanding of the nation’s economy, and it will also help you become an informed citizen and make better choices.
What is a Social Security Number?
What is used to keep a record of your earning and is used as a taxpayer ID
What is an Estate?
what is everything you own or have a financial interest in when you die
What is Impulse buying?
what is is making an unplanned purchase in the spur of the moment
What are Life insurance rates?
what is the system that evaluates the risk a person poses and what the payout would be when an insurance claim is made
What is National Debt
what is the total amount the government owes
What is a financial plan?
What is an overview of an individual’s current financial position and plans to meet future requierments
What are 3 investment types you can make?
what is Stocks, Bonds, and mutual funds.
What is Predatory lending?
what is a policy of making loans to high risk borrowers who are unlikely to be able to repay
What is a Mortgage Calculator?
what is the system that estimates monthly payments, total cost of the loan, amount of interest over the life of the loan, and other valuable information
What are Natural Resources?
what is the factors of production are land, labor, capital, and entrepreneurship
What does it mean to be financially capable?
What is the abilty to understand basic topics related to finance
What is Check Cashing?
what is services to businesses that provide certain financial services for a fee
What are Trial Offers?
companies often offer free trials of goods and services to consumers as an attempt to get more customers
What are Automobile recalls?
what is when a manufactuer determines a safety hazard to their product and gives a refund to get the vehicle back.
What is the ENERGY STAR program?
what is the Environmental Protection Agency that helps businesses and individuals save money and protect the environment through superior energy efficiency.
What are Employability skills?
What is the Skills used to communicate and work well with your peers
What are the four primary factors to consider when first opening a savings account?
what is Conviencence, Competitive interest rates, low minimum balance, no inactivity fees
What are Consumer Protection Laws?
what are laws that govern sales and credit practices involving consumer goods and services
What is Renters Insurance?
what are things that provides coverage for:
damage to personal property from fire or wind;theft of property;personal liability in the event the insured is sued over accidental injury to others who are in the rented apartment;accidental damage to the property of others in the rented apartment; andliving expenses if the renter must live elsewhere due to damage to the rented property.
What is the Antiglobalization movement?
what describes individuals and groups who oppose globalization. The basic goal of the anti-globalization movement is to promote social justice and human rights