Insurance
This type of insurance helps pay hospital and doctor bills.
Health Insurance
This is the monthly payment people make to live in an apartment they do not own.
Rent
This document proves you are legally allowed to drive.
Driver’s License
This is money set aside for unexpected expenses.
Emergency fund
Giving money or time to help others is called this.
Charity/Philanthropy
This is the amount you pay each month for insurance coverage.
A Premium
This loan helps people buy homes.
A Mortgage
Buying a used car is usually cheaper because of this factor.
Depreciation
A bank pays you this for keeping money in a savings account.
Interest
This organization often helps people in need using donations.
nonprofit
This type of insurance protects your car after an accident.
Auto Insurance
This score affects your ability to buy a house or get loans.
Credit Score
This transportation choice usually costs less than owning a car.
Public Transportation
This financial habit means spending less than you earn.
Budgeting
Buying things you want instead of things you need can hurt this.
Budget
This is the amount you pay before insurance starts covering costs.
A Deductible
This cost includes fixing broken parts of a home.
Maintenance
Gas, repairs, and insurance are examples of these.
Transportation Expense
This investment is ownership in a company.
Stock
This financial goal means having enough money saved for the future.
Financial Security
This type of insurance helps your family financially after death.
Life Insurance
Owning a home may build this over time as the home gains value.
Equity
This type of vehicle often saves money on fuel.
Hybrid/Electric car
This account is commonly used to save money for retirement.
RRSP/401 k
This is the process of planning how to spend and save money.
Financial Planning