Saving
Debt
Insurance
Life After High School
Budgeting
100

Save an emergency fund

What is the first of five foundations?

100
Given to borrowers based on their financial resources or ability to repay a loan
What is an unsecure loan?
100
An umbrella over your life
What is insurance?
100
A program that allows students to work part time while continuing their studies.
What is work study?
100
A blueprint for building wealth.
What is a budget?
200

A person that buys and uses goods and services


What is a consumer?

200
Needed when borrowing large amounts of money
What is a secured loan?
200
Covers medicals costs and property damage of the other driver if you get in a wreck and it is your fault.
What is liability?
200
A form of federal or state financial aid that does not need to be repaid.
What is a grant?
200
The amount of money you make in a month after taxes.
What is a monthly income?
300

how someone manages their assets

What is personal finance?

300
A long term rental agreement
What is a car lease?
300
Covers damage to your car if it is hit by another car or object.
What is collision insurance?
300
Free application for federal student aid.
What is FAFSA?
300
Income that fluctuates from month to month.
What is a regular income?
400

The granting of a loan and the creation of debt.

What is credit?

400
A mortgage with an interest rate that changes based on market conditions
What is an ARM?
400
An employee benefit plan maintained by an employer or by an organization that provides medical care for participants and their dependence.
What is a group health plan?
400
Free money strictly toward tuition.
What is a scholarship?
400
Online banking on your cell phone or smart phone
What is mobile banking?
500

A system by which goods and services are produced and distributed.

What is an economy?

500
When a home owner borrows against the equity in their home and obtains monthly, tax free payments from the lender.
What is a reverse mortgage?
500
Tax sheltered savings account for medical expenses that works with a high deductible insurance policy.
What is health savings account?
500
Given money that you have to give back.
What is a loan?
500
An automatic teller machine
What is an ATM?
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