Budgeting
This is something you have to have to survive (want or need?)
What is a need?
You use this type of account for everyday expenses.
What is a checking account?
This type of card allows you to borrow money and pay it back later.
What is a credit card?
This is your total pay before deducations.
What is gross pay?
Make sure these are strong and unique to keep others from accessing your online accounts.
What are passwords?
This type of expense stays the same each month. (fixed or variable?)
What is fixed?
This type of account may limit how many times you can withdraw money from your account.
What is a savings account?
This is the "grade" banks give you to tell others how well you borrow money.
What is a credit score?
This is the amount you bring home after deductions.
What is net pay?
This number should always be protected as people can use it to open accounts in your name.
What is Social Security number?
You should account for these expenses (needs or wants) first when creating a budget.
What are needs?
You can use this to withdraw money from your checking or savings account.
What is an ATM?
With this type of card, you can only spend what you have in your account.
What is a debit card?
These deductions are always mandatory.
What are taxes?
You should do this to old bank statements or expired credit cards.
What is shred them?
Eating out, groceries, and utility bills are examples of this type of expense (fixed or variable).
What is variable?
This type of card is linked to your checking account.
What is a debit card?
If you do not make your payments on time, you are charged this.
What is interest?
This optional deduction helps you with your healthcare expenses.
What is health insurance?
You should do this to your credit if you don't plan on opening any new accounts.
What is freeze your credit?
Car payment, phone bill, and rent are examples of this type of expense (fixed or variable).
What is fixed?
You can sometimes avoid this by maintaining a minimum balance or being a certain age when you open your checking account.
What is a monthly maintenance fee?
Credit cards usually come with this, which stops you from spending over a set amount of money.
What is a credit limit?
This deduction provides healthcare for people over the age of 65.
What is medicare?
To file a report for possible identity theft, you go to this website.
What is identitytheft.gov?