credit/credit cards
money that you borrow and have to pay back in a certain period of time
what is credit
this is what a loan for a house is called
what is a mortgage
this is when a cars value goes down
what is depereciation
you can write checks from this
what is a checking account
an item you purchase which gives you ownership in a company
what is a stock
850
what is the highest credit score one can get
the name of a loan on a car
what is a car loan
this is the most important thing you should do before purchasing a car
what is read review/get information
a piece of paper which is equal to money; written order telling the bank to pay
what is a check
this is something that can happen twice per year
what is semi-annual
a card that is used as a short term loan
credit card
you want this to be low when you borrow money on a loan
what is interest
this adds the most cost to a new car
what is adding options
this is when you remove money from the bank
what is a withdrawal
this is a plan that directs your spending
what is a budget
the maximum amount of money you are allowed to borrow
what is credit limit
this is a loan that you get for college
what is a student loan
the cost of a used car compared to new
what is costs less
what is a savings account
this is what you have to pay to the government to help pay for schools, roads, libraries etc...
what are taxes
this is what you have to pay when you don't pay off your credit card bill each month
what is interest
two different kinds of mortgage TERMS
what is 15 years or 30 years
how new cars depreciate compared to used cars
what is faster
this is when you have your pay check deposited in the bank for you, it is done electronically from your employer
what is direct deposit
this is money that you make from doing a job or earning it from investments
what is income