Earning
A sum of money demanded by a government to support the government itself as well as specific facilities of services
What are taxes?
An organization that exists to benefit others through human service, conservation, religious, or other charitable purposes.
What is a non-profit organization?
This is the minimum amount of money an individual is recommended to have in emergency savings.
What is a minimum of 6 months of expenses?
This is the maximum dollar amount that can be charged to a credit card.
What is the credit limit?
This is a group of people working together for a common good.
What is a community?
Employers may offer employee benefits in the form of products or services that add extra value for employees beyond earned wages.
What are employee benefits?
This type of insurance provides money to pay for health care.
What is health insurance?
This is the price paid for the use of borrowed money.
What is interest?
A longer loan period will result in the monthly payments of the loan being _____.
What is lower?
This is a legal document that outlines a person’s wishes after death, including who they wish to receive their assets.
What is a will?
A card that is linked to your checking account, basically use it as cash
What is a debit card?
The money paid to an insurance company to purchase a policy.
What is a premium?
The standard amount of money the Federal Deposit Insurance Corporation (FDIC) will restore to a lost account if a depository institution covered by FDIC fails.
What is $250,000?
This may be used to determine if a person is granted credit, offered a job, or able to rent an apartment.
What is credit history?
When a product or service is provided rather than cash.
What is in-kind income?
This form is completed by the employee and determines the amount of federal income taxes that will be withheld from an employee’s paycheck.
What is a Form W-4?
Provides payment to others if a member of the insured household accidentally causes harm to other people or property.
What is liability insurance?
If you purchase this you purchase a share of ownership in a corporation.
What is a stock?
The amount of time you have to report your debit/ATM card lost/stolen in order to be liable for any fraudulent charges.
What is two days?
This planning includes the arrangement of one’s financial affairs to maximize the value transferred at death.
What is estate planning?
The amount of interest earned depends on the account balance
What is tiered interest rate?
Accounts offered by depository institutions whose main purpose is to help people manage their money.
What is a savings tool?
What is diversification?
Equifax, Transunion, Experian
What are the three credit reporting agencies.
The act or process of writing or speaking out in favor of or about a cause
What is advocacy?