Spend
The maximum amount you should spend on things that you want.
What is the 30% rule?
Money that you can borrow up to your credit limit.
What is revolving credit?
Form 1040.
What tax form do you need to fill out to file individual taxes?
Health plan with highest out-of-pocket costs.
What is a bronze plan?
850.
What is the highest FICO score?
The minimum amount you should save per paycheck.
What is the 20% rule?
5.99% - 29.99+%
What is the general rate of interest?
W-2.
What tax form does your employer give you to report annual taxable income?
Platinum.
What plan has the highest monthly premium?
30%.
What amount of each paycheck can be allocated for mortgage or rent?
$25 - $30.
What is the “floor” amount owed for a credit card?
Federal, state or privately-issued debt to cover education costs.
What is a student loan?
Inheritance tax.
What type of taxes do estate recipients receive?
Under thirty, dealing with issues such as bankruptcy, homelessness, et cetera.
Who does a Catastrophic Plan cover?
Helps lenders determine interest rates and mortgage fees.
What does a FICO score do for home ownership?
As soon as possible.
When should you start saving for retirement?
Doesn’t require collateral in order to obtain.
What is an unsecured loan?
Pro-tax contributions.
What type of deductions are exempt from income tax?
Numerous doctors and hospitals within plan; pay out-of-pocket for other doctors.
What is an HMO plan?
The first step of the home-purchasing process.
What is a mortgage pre-approval?
The Bulls.
What is Mr. Keelan’s favorite sports team?
Two.
How many kids does Mr. Creagh have?
Regressive tax.
What type of tax is levied to take a larger percentage from lower-income workers?
Multiple doctors within network; outside provides at increased cost.
What is a POS plan?
$0.
How much does a homebuyer pay for a realtor?