Credit Cards
Money owed to someone else or a company
What is debt?
Wrongful or criminal deception intended to result in financial or personal gain.
What is fraud?
The period of life when one chooses to permanently leave the workforce behind.
Retirement
Money owed by one party to another.
What is debt?
A profession or field of employment for which one studies or trains.
What is a career?
The cost you pay for borrowing money.
What is interest?
A crime where someone wrongfully obtains and uses another person's personal data in a way that involves fraud or deception.
What is identity theft?
A plan for how to spend and save money based on income and expenses.
What is a budget?
Savings set aside to cover unexpected financial emergencies.
What is an emergency fund?
The ability to do something well, often gained through training or experience.
What is a skill?
A number that shows how well you manage paying back money you've borrowed.
What is a credit score?
A scam that pays returns to its investors from new capital paid by new investors.
What is a ponzi scheme?
Interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.
What is compound interest?
How consistent and reliable a person's earnings are over time.
What is income stability?
An aim or desired result.
What is a goal?
A plan for how to spend and save money.
What is a budget?
A type of scam where the scammer pretends to be a legitimate business to get personal information.
What is phishing?
Individual Retirement Account, a savings account with tax advantages for retirement savings.
What is an IRA?
The chance of loss or the uncertainty of gains on investments.
What is financial risk?
A feeling of wanting to learn more about something or to be involved in something.
What is an interest?
The state of having enough income to pay for one's living expenses without having to rely on others.
What is financial independence?
A federal agency that protects consumers by stopping unfair, deceptive, or fraudulent practices in the marketplace.
What is the Federal Trade Commission?
A retirement savings plan sponsored by an employer that allows employees to invest part of their paycheck before taxes are taken out.
What is a 401K plan?
The risk of losses in positions arising from movements in market prices.
What is market risk?
The evaluation or estimation of the nature, quality, or ability of someone or something.
What is an assessment?