Credit
True or False
The more credit cards the better
False
This helps you to account for expenses after income
a Budget
This is the most popular type of account
Checking account
This is the piece of paper that accounts for money taken out of your pay
Where did the olympics originate?
Greece
Your credit score is linked to your name, birthdate and this ....
When creating a budget you need to keep in mind these 2 terms
Wants and needs
This type of account may have a limit on the amount of times you can withdraw
Savings account
These funds are taken out to pay for government expenses either on state or federal level
This man wrote "A Christmas Carol"
Charles Dickens
You will pay this on top of the money you borrow
Interest
This is the name of the expenses that are necessary to live
Cost of living
What is the main difference between banks and credit unions?
One is for profit and the other is non-profit
This is your earned income before any expenses are taken out
Gross income
This a semi-aquatic egg laying mamal
A Platypus
-Payment history
-length of time at job
-length of time at residence
The general term for deductions from income on a budget
Expenses
What is a CD and what does it stand for?
Certificate of Deposit
a timed account in which higher interest is paid on your money deposited
This is your income after all deductions are taken out
Net income
Where was Anakin Skywalker born?
Tatooine
What are the 3 C's of Credit?
Character, Capacity, Collateral
When you look at taking on a new debt like a car payment you would look at this to see if there is any left over money
If your money is in a bank it is insured by this insurance company if for some reason the bank closes.
FDIC
The general term for money taken out of your check
deductions
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