Unit 1
Unit 2
Extra Hard
Unit 4
Unit 5
100
a process of setting goals
What is financial planning?
100
a plan for managing your money during a given period of time
What is a budget?
100
your chosen occupation
What is a career?
100
the amount you pay to use someone elses money
What is interest?
100
automated teller machine
What is a atm?
200
the basic things we must have to survive
What are needs?
200
the money you have coming in
What is cash flow?
200
the maximum amount the insurance company will pay if you file a claim
What is a coverage limit?
200
a yearly charge you pay for the privilege of using credit
What is a annual fee?
200
a place to deposit money you dont spend right away
What is a savings account?
300
things that make life more interesting and fun
What are wants?
300
a fee collected by a federal goverment to support its programs
What is federal income tax?
300
the amount of a loss you must pay out of your own pocket before the insurance company will step in and pay the rest
What is a deductible?
300
the maximum amount a credit lender will extend to a customer
What is a credit limit?
300
a place where people store thier money, a for profit company
What is a bank?
400
the beliefs and practices in your life that very important to you
What are values?
400
a tax that supplies a small amount of income and other services to the elderly
What is social security tax?
400
the amount you pay for an insurance company
What is a premium?
400
represents the actual dollar cost of using credit to maintain a balance
What is a finance charge?
400
an account used for day top day finances
What is a checking account?
500
goals that you want to achieve within the next three months
What are short-term goals?
500
the total amount of income from your wages before any payroll deductions
What is gross income?
500
a means of guaranteeing your financial protection against varios risks
What is insurance?
500
the length of time you have before you start accumulating credit
What is a grace period?
500
cards that have credit card logos but come directly out of your account
What is a debit card?
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