What is a way to keep track of what you spend each month, a good way to help you stay within your monthly budget.
100
Special Endorsement
What is an endorsement that names the endorsee to whose order a negotiable instrument is payable.
100
Check
What is a written order directing a bank to pay money as instructed.
100
Deposit
What is to put (money) in a bank account.
100
DAILY DOUBLE!
Financial Philosophy
What is a person’s individual approach to saving and spending.
200
Budget
What is the amount of money available for spending that is based on a plan for how it will be spent.
200
Investing
What is to commit (money or capital) in order to gain a financial return.
200
Living above your means
What is spending more money than you make each month, someone who lives above their means has a high risk of debt.
200
Saving
What is the amount of money left over after a period of time.
200
Taxes
What is an enforced payment to the government.
300
Balance Sheet
What is a statement that shows the financial condition of a company at a particular time by listing the amount of money and property that the company has and the amount of money it owes.
300
Simple Interest
What is interest paid only on the original amount of money and not on the interest it has already earned.
300
Debit Card
What is a small plastic card that is used to buy things by having the money to pay for them taken directly from your bank account.
300
Living beneath your means
What is spending less money than you make each month, usually saving large amounts of money each month.
300
Asset Allocation
What is a management strategy used in a fund or portfolio.
400
CD
What is a diligent record of spending.
400
DAILY DOUBLE!
Rule of 72
What is a formula used to calculate how long it will take for money to double.
400
Stock
What is a share of the value of a company which can be bought, sold, or traded as an investment.
400
DAILY DOUBLE!
Living within your means
What is spending around the same amount you make, saving a decent but small amount.
400
Blank Endorsement
What is an endorsement on a check or negotiable note that names no payee, making it payable to the bearer.
500
Statement of Cash Flow
What is a summary of incomings and outgoings of money in a business over an accounting period.
500
Restrictive Endorsement
What is an endorsement signature on the back of a check that specifies the conditions under which the check can be transferred or paid out.
500
Check
What is a written order directing a bank to pay money as instructed.
500
Transaction Register
What is a personal bank and plan management scheme.
500
Risk Tolerance
What is the extent an investor is willing to go with a risky investment in order to receive a higher return.