Credit where credit is due
What is the three-digit number that determines how likely you are to repay borrowed money?
What is Credit Score
What is the term for the plan that tracks your income and expenses?
What is a Budget?
What is the term for buying assets with the goal of your money growing over time?
What is Investing?
What is the name of the free application students complete to apply for federal financial aid?
What is FAFSA
Who is on the $10 bill?
Who is Alexander Hamilton?
What is the name for the maximum amount of money you can borrow on a credit card?
What is Credit Limit
In the 50/30/20 budgeting plan, what does the 20% represent?
What is Savings and/or debt repayment
What is a small ownership share of a company called?
What is a stock or share
What type of financial aid generally does NOT need to be repaid?
What are Grants or Scholarships
Who sang the famous song "Bills, Bills, Bills"
Who is Destiny's Child
What does APR stand for?
What is Annual Percentage Rate
What is the term for the savings set aside for urgent or unexpected expenses?
What is Emergency Fund
What is the money you make after taxes and deductions are taken out?
What is Net Pay or Take-Home pay
You're a college student who frequently uses your debit card but accidentally spends more money than you have in your checking account. What is this called?
What is Overdraft
What does ATM stand for?
What is Automated Teller Machine?
What is the recommended percentage your credit utilization rate should be under?
What is 30%
What is the term for the increase in prices of goods and services over time?
What is Inflation?
What is the totall amount earned before any deductions?
What is Gross Pay or Gross Income
What is the term for the money a landlord may collect upfront to cover potential damage or unpaid rent?
What is a Security Deposit
Which famous Black entrepreneur and media personality became the first Black woman billionaire in the United States?
Who is Oprah Winfrey
What is the term for when you combine multiple debts into one new loan or payment?
What is Debt consolidation
You get a raise at your job, but instead of saving the extra money, you start spending more on shopping, dining out, and entertainment. What financial concept does this describe?
What is Lifestyle Inflation
What retirement account is offered by many employers?
What is the difference between a Direct Subsidized Loan and a Direct Unsubisidized Loan?
For Subsidized, the government pays the interest and for Unsubsidized, you are responsible for interest
who is the first Black woman to become a self-made millionaire in America, known for her hair care business?
Who is Madam C.J. Walker