Car Insurance
This type of coverage covers injuries to passengers in your car and other people that you injure in an accident
What is Bodily Injury
This is your pay before deductions
What is gross pay
This form is used to file your taxes
What is a 1040
This is the yearly rate you are charged for balances on your credit card
What is APR
This condition forces us to make choices.
What is Scarcity
This optional coverage covers damage to your car caused by natural disasters.
What is comprehensive.
This is your pay after deductions
What is net pay
Tax credits directly lower this
Tax liability (or tax owed)
This is the most you may borrow on your credit card
What is the credit limit
This is when you give up an experience or limited resource for another experience or thing.
What is a trade-off
This type of coverage covers damage that you cause to other people's cars
What is property damage.
This form, filed by you, tells your employer how much to take from your check in state and federal taxes.
What is the W4
Deductions lower this
What is taxable income
Moving what you owe to on a credit card to another credit card is called this.
What is a balance transfer
A fine for not buying car insurance is a negative example of this concept.
What is an incentive
This coverage covers the difference between how much your car is worth and the current value of the car if you have taken out a loan on the car.
What is gap coverage.
This form, used on your taxes, summarizes all earnings and deductions from the last year.
What is a W2
This is your income after all deductions
What is taxable income
This is the amount you have borrowed on a credit card
What is the balance
Raising this on your Collision coverage will result in a lower insurance premium
What is the deductible
This is how much collision coverage would pay you if you caused an accident that totaled your car.
What is the value of the car minus the deductible.
"Take home pay" is another word for this
What is net pay
You may take these types of deductions or this single deduction when doing your taxes
What are itemized deductions or the Standard Deduction
This trick helps you raise your credit score by being put onto an existing account of someone else with established credit history
What is piggybacking
You and Brian are absolute failures if you don't opt into this optional car insurance coverage.
What is uninsured/undersinsured motorist