Insurance
Investing
Finance
Credit
Budget
100

This type of insurance covers your personal belongings, hotel expenses, and any minor improvements you did to your apartment in the event of an issue like a fire or flood. 

What is renter's insurance?

100
An investment that is a share of ownership in a corporation.
What is a stock?
100
A for-profit corporation owned by shareholders that takes deposits and makes loans and offers checking accounts.
What is a bank?
100
This includes all the records of loans you have taken out and paid back over your life.
What is your credit history?
100
Expenses that do not change from month to month (like rent, mortgage, or car payment).
What are fixed expenses?
200
This type of auto insurance covers the cost to repair your vehicle when you crash.
What is collision?
200
An investment that is a loan to a corporation or a government.
What is a bond?
200
A non-profit membership organization that offers checking accounts, savings accounts, and loans.
What is a credit union?
200
This number is used by lenders to determine how much they charge you for interest on loans.
What is your credit score?
200
Expenses that change from month to month (like food, entertainment, or vacation).
What are variable expenses?
300

This type of insurance only covers medical expenses if you are in a car accident. 

What is bodily injury protection or personal injury protection?

300
This is an investment that pools money from many people and uses the money to buy many stocks and/or bonds.
What is a mutual fund?
300
The interest rate that you use to compare different loans with different characteristics.
What is annual percentage rate (APR)?
300

This is what credit card companies call those who pay their balance off every month. 

What is a deadbeat?

300

Your wages AFTER taxes and deductions.

What are net wages?

400
This is the name of the money you pay every month to have an insurance policy.
What is a premium?
400
This is a type of tax deferred retirement account that you control. You don't pay taxes on the income from it until after you retire.
What is an IRA?
400
A type of interest that grows not only on the principal but also on all accumulated interest over time.
What is compound interest?
400
This type of loan has no interest if paid back after a month. If you're stupid enough not to pay it back in a month, you pay compound interest compounded monthly.
What is a credit card loan?
400

The income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes.

What is disposable income?

500
This is the money you pay out of pocket when you need to use insurance.
What is a deductible?
500
This is an investing technique in which you spread your money around different types of investments.
What is diversification?
500
This government agency guarantees your deposits in a bank up to $250,000.
What is the FDIC?
500
Property that is used by a lender to secure a loan (the bank takes the property if you don't repay the loan).
What is collateral?
500

The first three in order you want to apply for and accept Financial aid. 

What is Scholarships & Grants, Work Study, Federal Student Loan

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