Money you earn through work?
Income
Geico, StateFarm, and Progressive are all types of?
Auto Insurance

Check
Money lent to someone else in exchange for future payment.
Loan
Anything you spend money on?
Name the two types?
Expense
Fixed and Flexible
What does ATM stand for?
Define ATM?
Automated Teller Machine
Used to withdraw cash from a checking account.
Protects against losses to property and injuries to people in a car accident?
Auto Insurance
Account where money can be withdrawn with checks or with a debit card.
Checking Account
Allows you to make purchases and pay for them at a later date?
Credit Card
A document that comes with your paycheck, showing how much you were paid and how much was withheld from taxes?
Paystub
Used to make purchases with funds directly from a checking account?
Debit Card
Insurance that covers medical illness or injury?
Health Insurance
An amount available or owed on an account?
Balance
The amount of money you owe on a loan?
Debt
Money placed into an account, sometimes electronically?
Deposit
An amount available or owed on an account.
Balance
When renting an apartment personal property is the owner's responsibility. Renters most carry ________________ ________________ to cover personal property in a rented apartment or home.
Renters Insurance
When money has transferred from the account of the payer to the payee.
Cleared Check
The percentage cost of borrowing from someone else?
Interest Rate
The total amount of paycheck before taxes?
Gross Pay
The combined balance of cash and accounts?
Net Worth
A product offered by a company promising to protect you from specific financial risks?
Name a career where the employee might need this protection?
Insurance
Answers will vary
Using your filled out check register and your monthly bank statement you should ________________ your checking account.
Reconcile your checking account.
You borrow $500 for a baseball camp that you are going to attend this summer from your rich cousin Tommy. Tommy lets you borrow the $500 under the condition that you return the payment with 10% interest. What is the total amount of interest you have to pay on the loan?
$50
Your gross pay is $600 a week, NYS takes 10% in taxes and you need to pay $50 in health insurance a week. What is your net pay?
$490