Money Personality
A person who is a spender and does not think of purchases.
Who is a spender?
Insurance to protect the car owner in the event of accident or damage to the vechile.
What is auto insurance?
Account or arrangement in which a person puts their money for long term growth.
What is Investment?
An obligation of repayment owned by one party to a second party in most cases this includes repayment of the original loaned amount plus interest.
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 and details.
Who is a nerd?
Amount you must pay before you begin to receive any benefits from your insurance company.
What is a deductable?
People investing in securities such as stocks and bonds, or other investments, to achieve long-term goals.
Who is an investor?
Type of card, often barring the deal of a major company, issued by the bank and used to make purchases; the money comes out directly out of a checking account
What is a debit card?
Amount you pay monthly, quarterly, semi-annually to purchase different types of insurance.
What is a premium?
The quality or state of being responcible, 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 the week or longer. Usually tied to the specific duties over a minimum, but not a maximum, number of hours.
What is a salary?
A government fee on business and individual income, activities, products, and services.
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 academic, athletic, or other achievements
20%
What is the standard tipping percentage?
Investors, savers, big spenders, debtors, shoppers
What are the 5 money personalities?
A seller's intentional deception of a buyer, which is illegal.
What is Fraud?
The process of setting money aside to increase wealth overtime for long-term financial goals such as retirement
What is investing?
A portion of employee's wages or salary deducted for taxes
What is a withholding?
A written cash flow plan.
What is budgeting?