(Savings)
In financial literacy, this term describes being charged for borrowing money
Interest
How many digits are in someone's credit score
3
This term describes something you own that has a monetary value
Assest
Most states require this type of insurance. If you do not have it, be careful being pulled over
Auto Insurance
Taxes are collected on a _______, state, and federal level
Local
A popular retirement plan provided by employers
401K
Also used to describe water, this word explains how easy/difficult it is to access your money
Liquidity
What is the range of a credit score
300-850
Technology, Cars, and Clothes are typically examples of what type of assets?
Depreciating
This type of insurance will help you cover loss of money from a job due to illness or injury
Disability Insurance
Paying taxes from buying goods and services is this type of tax
Sales Tax
NYSE
New York Stock Exchange
Another term to describe a TYPE of savings account
Savings Vehicle
Missing debt repayments will ______ your score
Lower
Typically, a house will gain value or __________ over time
Appreciate
The amount of money you pay for health insurance coverage
Premium
How the U.S postal service, national parks, and the U.S. Army are funded
Federal Taxes
ROI
Return On Investment
This savings account is a hybird of a checking & savings account
MMA or Money Market Account
How often are you allowed to receive a free credit report?
Annually or once a year
This type of loan is used to make real estate purchases
Mortgages
The "out-of-pocket" cost you must pay before your insurance kicks in
Deductible
You will be taxed this form of tax for owning a home
Propert Tax/Millage Rate
This virtual stock exchange system was the world's first electronic market
NASDAQ
Place the following in order from highest to lowest Liquidity
Certificate of Deposit
Personal Savings Account
Money Market Account
Personal Savings Account
Money Market Account
Certificate of Deposit
This makes up 35% of your credit score
Payment History
A contract between a homeowner and a renter
Lease or Lease Agreement
This scenario shows a person calling their car insurance company. They are most likely calling in order to make one of these
A Claim
Taxes taken from your paycheck are typically called
Withholdings / Taxes Withheld
A piece of a company that you buy
A Share
The image below describes Interest on top of interest, otherwise known as
Compound/Compounding Interest
This occurs when someone checks your credit history to make a lending decision that affects your credit score
Hard Inquiry
Another name for the renter of real estate property
Tenant
The "Democratic" name for the Affordable Care Act
Obamacare
This is called a
Paystub
A mix of stocks and bonds
Mutual Funds
This "Rule" is an equation that helps determine how long it would take for your money to double
Rule of 72
Name one of the three major credit bureaus
Equifax, Experian or TransUnion
An upfront initial payment that is a portion of the total cost due
Down Payment
If you signed a life insurance policy, this person will receive a monetary benefit in the case of your death
Beneficiary
Unless this day falls on a Friday, Saturday, or Sunday, Tax day is usually on this day
April 15
What is the Stock Ticker for Apple Inc.?
AAPL