Personal Finance
What is the first thing you should assess?
What is your Financial Situation
What is interest paid on interest previously earned?
What is compound interest.
What is a written cash flow plan?
What is a budget.
A detailed report of an individuals credit history?
What is a credit report
What is Free Application of Federal Student Aid
You should know your what?
What is money personality.
Five hundreds dollars in readily available cash to be used only in the event of an emergency is what?
an overdraft is defined as what?
What is when money is withdrawn from a bank account and the available balance goes below 0.
A yearly fee that's charged by the credit card company for the convenience of the credit card?
What is an annual fee
A from of federal or state financial aid that does need to be repaid; usually given to students who demonstrate financial need?
What is a grant
When teens watch how their parents treat money, the teens money personality is what?
What is role model.
What is saving money over time for a large purchase?
What is a sinking fund.
A cash flow plan that assigns every of your income, where in the total income minus the total expenses equals zero?
What is a zero based budget.
Time frame that a loan agreement is in force, and before or at the end of which the loan should either be repaid or renegotiated for another term?
What is a loan term.
A from of financial aid that does not need to be repaid; usually awarded on an academic or athletic basis?
What is a scholarship
To be money smart you need to know basic math, learn the language of money, and...
What is know how to manage your behavior with money.
What is the 5th foundation?
what is build wealth and give
Your monthly budget should include fixed expenses, variable expenses and what?
What is discretionary expenses.
An interest rate charged to a customer during the early stages of a loan: the rate often goes up after a specified period of time?
What is introductory rate
A program that allows students to work part time while continuing their studies.
What is a work study
During the great depression, new deal policy makers came up with mortgage and consumer lending policies that convinced commercial banks that...
what is consumer credit could be profitable
Is it better to invest less money earlier or more money later?
What is less money earlier
What is the act of matching your bank statement to your checkbook?
What is reconcile.
Is leasing your car a sophisticated thing to do?
What is no
What is the estimated outstanding student loan in the U.S.?
What is $7 trillion