Reports of all Sorts
This is where you can find information on a used vehicle you plan on purchasing. This information includes things such as amount of previous owners, prior accidents, place and length of ownership(s), recalls, and other things of the sort
What is a Vehicle History Report?
This is what someone should NOT do if they have several unpaid credit cards already open
What is opening a new credit card?
This is the listed cost of college including tuition, fees, and rooming, but before any financial aid occurs
What is the sticker price?
If Leonardo (who has health insurance) needs to visit the doctor's office after coming down with a sickness, this is the type of doctor he would go see if he wanted to pay the least amount of money with the help of his insurance plan.
What is an in-network doctor?
These are the part of a company that anyone can buy to earn a very small bit of ownership in this said company
What are stocks?
This is what you'd call a case of earning more money than you started with when investing (answers may vary slightly, still correct if the general idea is there)
What is a positive return on investment?
This is the process of paying off debts in which you make minimum payments on all debt accounts and contribute any extra funds to the debt with the highest interest rate
What is Debt Avalanche?
This is the name of an on-campus housing unit, the cost of this housing unit is also included within the sticker price
What is a dorm/dormitory?
If Donatello was in need of financial assistance from his insurance company, this would be the money he pays himself before he receives help
What is a deductible?
This type of loan is based on financial need
What is a subsidized loan?
On your credit card statement, this is the amount that you still owe on that credit card
What is the current balance?
This is the document that details information about a specific one of your credit cards, it should be checked monthly
What is a credit card statement?
This is the form you should fill out to apply for financial aid in terms of affording college specifically
What is the FAFSA?
If Raphael were to work 48 hours in one week, but only 40 hours of standard work per week are allowed, this what those extra 8 hours would be considered as
What is overtime?
If you were to fail to pay back a minimum payment (on things like loans or credit cards) on time, this is the rate that would increase what you must pay back to make up for the lack of payment
What is an interest rate?
This is the value that represents your trustworthiness (in a sense) in terms of financial responsibility, is used to determine what you get out of things like credit cards, loans, etc.
What is a credit score?
This is the process of paying off debts in which you make minimum payments on all debt accounts and contribute any extra funds to the debt with the lowest balance account
What is Debt Snowball?
This is an amount of free money paid for your college tuition that comes directly from the college itself
What is a scholarship?
If Michelangelo was worried about the safety of items in his apartment from unforeseen emergencies, this would be the most recommended thing he should consider putting money into
What is renter's insurance?
What is a financial advisor?
When leasing an automobile, this is the document you would look at to determine mileage, general value, time used, monthly payments, and all sorts of fees
What is an auto lease agreement?
This is the smallest amount you should pay off on a credit card on a monthly basis
What is the minimum payment?
Focusing on these goals while in high school can help you achieve your larger goals for college that tend to take years on end
What are short-term goals?
If April were to see a company's stock be on a consistent and constant rise, this is what she should do
What is investing?
If a company were to make a decision that both the general public and investors were fond of, this is what the value of the company's stocks would do
What is rising?