Budgeting and Payday
This is something that is useful for achieving financial goals
What is a budget?
The lending of money by one or more individuals or organizations
What is a loan?
This is one of the primary steps to improve funds
What is create a monthly budget?
This is the reason for reviewing a paycheck
What is identifying gross, net income, and deductions?
The failure of on-time payment results in late fees is seen in
What is Credit Score?
This type of financial technique can help improve finances when older
What is a plan for retirement?
The amount of income earned in one month before any deductions are made
What is gross income?
This is the type of student loan, is not based on income that all students may not qualify for the max. amount
What is an Unsubsidized Stafford Loan?
This is used to set aside at least three months' worth of basic living expenses
What is an emergency fund?
The total amount a person earns in each period
What is net income?
The primary effect late fees have on interest rates and credit scores
What is negative?
The best ways to avoid identity fraud
What are documentation and secure passwords?
The stages of budgeting
What is
1. Set a financial goal?
2. Track monthly spending?
3. Needs vs. Wants?
4. Evaluate and adjust habits?
This is used 12-18% more than cash
What is a credit card?
Regularly reviewing bank accounts and credit card statements for mistakes or suspicious activity
What is identity fraud?