Jay-Z & Bee
Give an example of an asset.
Multiple answers
What is the name of a person that leases land or property to a tenant?
Landlord
My car racked up ________________ over the years.
Mileage
What is it called when your employer sends your paycheck to the bank.
Direct Deposit
What does APR stand for?
Annual Percentage Rate
Give an example of a Variable Expense and an example of Flexible Expense.
Multiple Answers
Name at three different types of housing.
House
Apartment
Duplex
Condo
Townhouse
How do car sales men get paid?
Commision
True or False
Credit Unions do not require membership and they also bring in big profits.
False
Named three of the credit bureaus
Trans Union
Equifax
Experian
If you go on a vacation or you buy things that you want you can use your ____________ income.
Disposable
What should every renter have to give them peace of mind?
Renters insurance.
Who owns Tesla?
Elon Musk
What are at least three alternative names for money that start with a "C"?
Cash
Currency
Capital
Coins (Slang)
Something used as a means of security for re-payment of a loan.
Collateral
I owe a bunch of money because I have been irrisponsible now I have a cash ________.
Deficit
What is the value of a homeowners interest in their home?
Equity
What law protects the consumer if the car dealership sales them a bad car.
Lemon Law
What agency insures most banks?
FDIC
The cost you pay each year to borrow money, including fees, expressed as a percentage.
Annual Percentage Rate
I made 5 million and paid out 2 million I now have 3 million inthe bank what is it called?
Networth
After having property for at least a few years what do you build?
Equity
How long does it take for your money to double?
Rule of 72
What does CD stand for?
Certifcate of Deposit
Name the 5 "C's" of Credit
Capacity
Capital
Character
Collateral
Conditions