Key Components
A detailed proposal for doing or achieving something
What is a plan?
A fee paid by a borrower to a lender for the use of borrowed $.
What is interest?
A way of life for 80% of Americans.
What living paycheck to paycheck?
Expressing negative emotions about money, anger, frustration and stress.
What is frustration?
Americans love their new cars, fancy clothes, boats, guns, bikes, electronics, and everything else they can BUY.
What is stuff?
Spender or saver, neither is right or wrong.
What is your money personality?
A debt that carries a note stating the principal amount, the rate of interest, and the date due.
What is a loan?
80% and 20%
What percent is behavior and what percent is head knowledge regarding personal finance?
Money is needed to survive but it's not a requirement for happiness.
What is money isn't everything?
Americans are taught that money can buy a feeling of complete peace, a state of pleasure and contentment.
What is happiness?
Evaluate or consider your $ in order to make a judgment about where you stand.
What is assess your money situation?
The granting of a loan and the creation of debt with a deferred payment.
What is credit?
Spending more than you make.
What is living beyond your means?
Expressing a more positive view of money, understanding of saving, budgeting etc.
What is pragmatic?
The main culprit that keeps you from building wealth.
What is debt?
An aim or desired result for your $.
What is setting money goals?
A lifestyle where a person/family is living in a stressful $ situation.
What is living paycheck to paycheck?
A little piece of plastic that nearly all Americans use to go into debt.
What are credit cards?
Watching how people handle their money and maybe even being critical of how it was/is handled.
What is role model?
Approximately 21,000,000,000,000
What is the US debt?
To carry out or put into effect.
What is Execute your plan?
Unable to meet financial obligations, no money to meet even needs.
What is bankrupt?
This debt is often considered to be a "good debt".
What are school loans?
A person who tends not to spend money and especially on frivolous things.
What is a saver?
People are doing things in order to show that they have as much money as other people
What is "Keeping up with the Joneses?