Credit
A card you use to buy things now and pay back later
What is a credit card?
The amount earned from a job, investments or rent
What is income?
A plan to achieve a certain task
What is a goal?
An amount of money used to make more money over time
What is investing?
A person that makes or sells goods and/or services
What is a producer?
The amount of credit you are allowed to spend
What is credit limit?
Goods or services you spend money on; food, clothes, and bills (electric, internet)
What are expenses?
A collection of pictures and images that show the things you want and would like to achieve
What is a vision board?
The amount you pay for one share of stock
What is a share price?
Someone who buys or uses a good/service
What is a consumer?
An extra fee charged if you don't pay off your credit card balance
What is interest?
An expense where the amount does not change
What is a fixed expense?
A goal that would take less than 2 years to achieve is called
What is a short-term goal?
A person that owns shares of stock
What is a shareholder?
An type of account that keeps your money safe
What is a savings account?
A three number rating (300 - 850) that measures your credit from poor to excellent
What is a credit score?
A written plan for saving, spending and investing
What is a budget?
A goal that would take 5 years or more to achieve
What is a long-term goal?
When a company pays shareholders in cash or stock
What is a dividend?
The chance of losing money when you invest
What is risk?
The number of credit agencies
What is three?
When your income is more than your expenses
What is a surplus?
It is important to write down your goals
What is true?
A place where you buy and sell stock
What is the stock market?
What is diversification?