Borrowing Money
The entire amount owed to a lender
Predictable and consistent expenses that remain the same each month
Fixed payments
The amount you pay your health insurance company for your insurance plan
Premium
Having your paycheck transferred electronically into your bank account
Direct deposit
Bernie Madoff
Period of time that includes all charges included in that month
Billing Cycle
Setting aside a certain amount of cash each month for each category of spending, without spending more than you have
The envelope system
A list of medical professionals that have agreed to accept a particular health plan
Network
A document detailing an employee's earnings and deductions for a specific pay period
Pay stub
This con artist famously convinced someone he was buying the Eiffel Tower
Victor Lustig
Lowest amount the borrower must pay to avoid late fees
Savings that are set aside for unexpected expenses, and it's important they remain liquid
Emergency fund
The amount of your medical bill you're responsible to pay before your insurance company covers costs
Deductible
A portion of your salary that is set aside for Social Security and Medicare
FICA taxes
A text that says you need to click a link to put in your missing information because your package is stuck in the USPS warehouse
Phishing scam
Large, long-term loan from a bank, used to purchase a home
Mortgage
Goals being measurable and attainable are part of this goal-setting strategy
SMART Goals
The amount you pay each time you receive medical care
Copayment
The actual amount of money you receive in a paycheck after deductions
Net pay
Scammers often request this kind of payment because it's hard to track or to reverse
Gift cards
3-digit number that lenders use to predict how likely you are to repay borrowed money
Credit Score
Expenses that are necessary for daily life, such as groceries and utilities
Essential spending
The online portal where you can apply for reduced-cost federal healthcare
The marketplace
The total amount you've earned from January 1 up until the current date
Year-to-date (YTD)
Urgency, unusual forms of payment (such as gift cards), emotional manipulation, secrecy