What is your gross pay?
The amount of money you made before taxes
How do you enter debt?
mismanagement of funds
What is a stock?
A portion of owner ship in a company
How old must you be to apply for a credit card
18
What for do you have to submit with your income?
T4 slip
What is another another term for wage?
Rate
What is is the difference between a grant and a loan?
A loan you have to payback and a grant is complimentary
What is a mutual fund?
A package that splits your funds among specific comoanyies withing the package you choose
What is the average interest rate on a credit card?
19%
What would a child be described as when filing a tax return?
A dependent.
The amount of money you make a year is called?
Salary
Is it a good idea to make the minimum payment every month?
No
What is the stock symbol for Facebook?
FB
What are the three large credit card companies?
Master card, visa, American Express
What is the minimum income to start paying taxes?
12,000
What is it called when money is removed from your cheque?
Deductions
Student loans cover what expenses?
Tuition and text books
What is the main market for Canadian stocks
Toronto
What is a secured credit card?
A credit card with a fixed amount of funds to avoid over use
What is a sin number for
Government identification
What does Y.T.D stand for?
Year to date
What is the worst investment you could ever make?
A car
What are the three North American markets for trade?
Toronto, New York, nasdaq
When should you pay off your line of credit?
As soon as possible
What is the T2 form for
Corporation taxes