Budgeting
An account used in Mimic Personal Finance to prepare to buy a house or car.
Down Payment.
Any item of value that an individual or company owns, including cask, property, personal possessions, and investments.
Assets.
I created Nike
Phil Knight and or Bill Bowerman.
Things you want to accomplish
Goals
Form of Protection that eases financial burden people may experience as a result of illness or injury.
Health Insurance.
Expenses that occur each month with the same monetary value each month.
Fixed Expense.
Chapter 3.2 Vocab _____ is an abundance of valuable material possessions or resources.
Wealth.
I created modern day assembly line.
Henry Ford
Beliefs and Principles you consider important, correct, and desirable.
Values
The percentage of the medical expenses the policyholder must pay in addition to the deductible amount.
Coinsurance.
Expenses that change month to month. Like food and water bills.
A document that provides information about an individuals current financial position.
Personal Financial Statement.
A Harvard Drop out best known for creating this computer company along with former Portland Trail Blazer and Seattle Seahawks owner Paul Allen.
Bill Gates
A task that a person or a machine performs for you.
Service
Provision that requires the policyholder to pay all costs up to a certain amount, after which the insurance company pays 100 percent of the remaining expenses covered in the policy.
Stop-loss
Monday
The difference between the amount that you own and the debts that you owe.
Net Worth.
I own SpaceX and The Boring Company.
Elon Musk.
The original amount of money you deposit.
Principle
Flat fee that you pay every time you receive a covered service.
Co-Payment.
When is Sim Score 3 due?
May 7th.
The price at which property would sell.
Market Value.
Andy Jassy will become the new CEO of what major Company here soon?
"Smile" this one is a tough one.
Amazon
The ability to easily convert financial assets into cash without loss in value
Liquidity.
What does COBRA stand for?
Double Money if you can tell me what is is for?
The Consolidated Omnibus Budget Reconciliation Act.
Allows an employee who loses his or her job to keep the former employers group Health coverage for a certain period of time.