A money personality where a person does not think about saving and buys whatever they want.
What is a spender?
Insurance to protect car owner in the event of an accident or damage to a vehicle.
What is auto insurance?
Account or arrangement in which a person puts their money for long-term growth.
What is an ivesestment?
An obligation of repayment owned by one party to the other party.
What is debt?
Rate at which the general level of prices for goods and services rise.
What is inflation?
A person who is picky about budgeting details.
Who is a nerd?
Amount you must pay before you begin receiving any benefits from your insurance company.
What is a deductible?
People investing in securities, such as stocks and bonds, or other investments, to achieve long-term financial goals
What is an investor?
Type of card, issued by the bank and used to make purchases. Money comes directly from checking account.
What is a debit card?
What is personal finance?
The quality or state of being responsible, liable, or answerable.
What is accountability?
Covers you in the event of illness or injury.
What is health insurance?
A mutual fund's performance goal, such as long-term capital appreciation, high current income, or tax exempt income.
What is an investment objective?
Payment for work, usually calculated in periods of a week or longer.
What is a salary?
What is tax?
An item that is bought without previous planning or consideration of the long-term effects.
What is an impulse purchase?
Policy that covers a loss due to damage theft, or injury within one's home.
What is homeowner's insurance?
Percentage earned on invested principle.
What is an interest rate?
A form of financial aid that does not need to be repaid; usually awarded on the basis of academics, athletic, or other achievements.
What is a scholarship?
20%
What is the standard tipping percentage?
Spenders, savers, investors, debtors, shoppers
What are the 5 money personalities?
The knowledge and skills base necessary to be informed consumers and mage their finances effectively.
What is financial literacy?
The process of setting money aside to increase wealth over time for long-term financial goals such as retirement.
What is investing?
A portion of employees wages or salary deducted for taxes.
What is withholding?
A written cash flow plan.
What is a budget?