Money
Term for Asset that can be easily converted to cash
Liquid Assets
Tax Paid on Items bought in Ohio with the exception of Food
Sales Tax
An IRA is short for...
Individual Retirement Account
A credit card is this type of credit
Revolving Credit
Expense that changes from month to month
Variable
Give an example of an Asset
Car,House,Business,Land,Household Items and Collectibles Etc.
America has this form of tax system
Progressive
An IRA type for Non-Private Service Workers
401K
Type of loan plan that homes are financed
Installment
When one start saving for retirement
As soon as possible when they have budgeted to do so.
May that a lender charges you to finance your loan
Interest
This stype of tax system everyone is taxed at the same rate
Flat Tax
THis type of IRA is one where taxes are taken out intisally so that the investment can be later cashed out tax free
Roth IRA
Credit Score Range in numbers
300-850
Expense that stays the same such as a car payment
Fixed Expense
Govt. agency that backs up deposits at a bank up to
250,000 per account
FDIC
The Tax system on the state level in Ohio and the Federal Level is taxed according to level of income arranged into
Brackets
An IRA type for Public Service Workers
403 B
Joe wants to but furnuiture and pay it off in one month.What type of plan would he most likely use?
Same as Cash
Good Credit will allow one to...
Have to pay less interest
Early step in Finacial Plan in which one saves for unexpected circumstances
Emergency Fund
An automatic deuction that everyone is eligible for automatically
Standard Deduction
Contributing to 401K's and 403 B's does this to taxes owed
Reduces them
Three Credit Reporting Agencies
Experian,Equifax,Transunion
This type of checking account allows one to collect some interest but also requires a minimum balance and limits checks written per month
Money Market Account