Careers, Paychecks & Spending Plans

Hodgepodge of Finance
Financial Instituions, Credit and Consumer Protection

Housing, Transportation & Food
Saving & Investing
100
The number of steps in the spending plan process.
What is 6
100
Long-term goals are longer than this time period.
What is 1 year
100
This can be defined as uncertainty about a situation's outcome which can be protected by insurance.
What is risk
100
The expenditure which is the largest portion of one's income according to the Bureau of Labor Statistics.
What is housing
100
The recommended amount an individual should have for emergencies in savings (given in a range of time).
What is 3-6 months of income
200
A form that an employee should receive from an employer by January 31st to complete his/her annual tax paperwork.
What is a W-2 form
200
Most people have this type of insurance coverage as a benefit from their employer.
What is health insurance
200
The minimum amount of money to be paid on credit card bill monthly.
What is the minimum payment due
200
The type of brand which is mass produced, marketed nationwide, and tends to be more expensive.
What is name brand
200
This cash management tool is the most liquid.
What is a checking account
300
The number of stages in an individual's financial life cycle.
What is 3 (basic wealth protection, wealth accumulation, and wealth distribution)
300
The five elements to a well-written financial goal.
What are specific, measurable, attainable, realistic, and time bound (SMART).
300
The term for what a thief does when he/she steals personal information that was carelessly discarded into the trash.
What is dumpster diving
300
The minimum amount of insurance required by law for automobiles.
What is liability insurance
300
A person is considered to have this if his/her money is invested in a variety of investment tools to decrease risk.
What is a diversified portfolio
400
Two taxes included within the Federal Insurance Contribution Act (FICA).
What are social security and Medicare
400
The title for a person guaranteeing a loan for the original borrower.
What is the cosigner
400
The abbreviation FDIC stands for this.
What is the Federal Deposit Insurance Corporation.
400
What is it called when a tenant allows someone to move in and take over the rent payments for a specified time period.
What is subleasing
400
The number of years it will take to double one's money at an 8% rate of return using the rule of 72.
What is 9
500
This is defined as skills acquired through a process of self investment.
What is human capital
500
A consumer should report his/her ATM card lost/stolen within this number of days to be liable for only $50.00.
What is 2 days
500
According to the Truth in Lending Act, the terms and conditions of a credit card must be stated here.
What is in the Schumer Box
500
The longer the time period of a loan, the __________ the payments.
What is smaller
500
Type of stock associated with a new company who has a consistent record of relatively rapid growth and earnings.
What is a growth stock