Why should you start saving early?
What is a budget?
What is a Credit Report?
A detailed report of an individual's credit history.
Reads one non-fiction book a month.
The average Millionaire.
Public's ability to recognize a brand by its logo.
Brand Recognition
Where should you keep your emergency savings fund?
In a separate saving account, away from your spending money.
A copy of each check you write.
Carbon Check.
What does APR stand for?
Annual Percentage Rate.
Debt.
Owing anything to anyone for any reasons.
Significant Purchase
Spent amount of $300 or more.
What are the 3 basic reasons to save?
Emergency Fund, Purchases, and Wealth Building.
Saving, Giving, and Spending.
A decrease or loss in value.
FAFSA.
Free Application for Federal Student Aid.
Caveat Emptor.
Buyer Beware.
What are the Five Foundations?
Save a $500 emergency Fund, get out of debt, pay cash for your car, pay cash for college, build wealth and give.
To reconcile
Matching your bank statement with your checkbook.
The preferred method of debt repayments.
Debt Snowball.
Trade School.
Higher learning that focuses on job skill training for specific career fields.
Communicating the value of a product to costumers.
Marketing
What are the 2 things you should consider when evaluating time value of money?
Inflation rate, and rate of interest.
Over drafts.
A sign of crisis living and sloppy.
How does the Debt Snowball work?
Attack the lowest payment first.
The total estimated student debt outstanding (unpaid) in the U.S.
$7 trillion
Financing a purchase