Money Gameplans
Creating one of these is a way to manage your personal finances by accounting for your income and expenses
Budget
This type of bank account is typically used to store money you don't plan on spending immediately and may earn you interest over time
Savings
How many numbers to most major credit cards have in their account number (excluding American Express)?
16
This form is an application for federal student aid used to apply for grants, loans, and other funds
FAFSA
These types of websites and apps are targeted by scammers because they contain personal data, photos, and even locations
Social Media
The 50/30/20 rule allocates 30% to what category of spending?
Wants
This financial product can help you build credit when used responsibly but may lead to high interest charges if balances aren't paid in full each month.
Credit Cards
What is a popular promotional percentage rate that credit card companies often offer as an introductory rate?
0%
What is the name for the time after you graduate, leave school, or drop below half-time enrollment before you must begin repayment on your loan.
Grace Period
This type of scam uses outrageous headlines and images to grab a user’s curiosity and get them to visit a link
Clickbait
One debt management strategy involves paying off the debts with the ________ rates first
Highest
This term describes the purchase of assets like stocks, bonds, or mutual funds with the expectation that they will grow in value over time.
Investing
This cost is charged once per year on some credit cards and sometimes can be worth it depending on card benefits
Annual Fee
This federal program offers subsidized and unsubsidized loans to eligible students to help cover the cost of tuition and other educational expenses.
Federal Direct Loan Program
One reason scammers are successful is that they send messages that evoke which emotion?
Fear/Sense of Urgency
In the grand scheme of budgeting, what category would food and groceries be considered?
Needs
This type of account is a long-term, tax-advantaged savings account that individuals with earned income can use to save for the future.
IRA
What is a downside of most credit cards issued by a retail store?
High Rates/Costs
This type of student loan is typically offered to parents of dependent undergraduate students and requires a credit check.
Parent PLUS Loan
One sign of a scammer could be a lack of attention to what in their messages and wording?
Spelling/Grammar
This strategy allocates every dollar earned to a specific purpose (though it doesn’t mean spending every dollar)
Zero-based Budgeting
The 'P' in APR stands for this, indicating the cost of borrowing money on an annual basis, including interest and fees.
Percentage
What is the maximum liability for unauthorized credit card charges if you report them promptly?
$0
This program forgives the remaining balance on eligble federal student loans after making 120 qualifying payments while working full-time for a qualifying employer.
Public Loan Forgiveness (PSLF) Program
What can you edit when navigating social websites and apps to limit the number of people with access to your posts and photos?
Privacy Settings