Credit/ Debit
A plastic card with an assigned account number, which enables the holder to purchase goods or services and/or receive cash on credit
What is a credit card
A booklet that is used to keep a record of all your checking related transactions, including checks written and deposits
Check Book
Something you need to survive
Need
A contract by which one party lends land or property to another for a specified time, usually in return for a periodic payment
What is a lease
This institution offers education that typically takes 2 years or less to earn degree/certificate, is affordable, and generates easier access to the workforce.
Community College
A loan of money that is given to a borrower for a specified amount and a specified period of time
What is credit
Party that receives the check
Payee
Money Received especially on a regular basis, for work, benefits or through investments
What is income
money that is given to a landlord, lender, or seller of a home or apartment as proof of intent to move-in and care for the residence.
Security Deposit
This institution offers education that typically takes 4 years to earn a degree.
What is University
What is minimum payment
Party that writes the check to the payee
What is expenditure
an upfront payment, often in cash, made in the early stages of a purchase of an expensive good or service
What is Down payment
This institution will offer education and hands on experience that will immediately enable you to become a Mechanic upon completion
What is community college
A plastic card that is electronically connected to a checking account and takes money from this account when swiped.
What is a debit card
Endorsement
The amount of money earned before deductions
What is Gross Pay
This restriction makes it a bad idea to lease a car for people who drive a lot.
What is a mileage restrictions
This institution will offer education and internships and upon completion, it will enable one to work a variety of careers as a result of having a degree.
University
a three-digit number derived from a mathematical interpretation of the information in a person’s credit files. Lenders report this information based on a person’s credit-related activity.
The funds written on the check were not available in the account; there wasn't enough money in the bank account to pay for the check. This can result in fees
What is a Bounced check
Take home pay or what is left after deduction are taken out of your paycheck
What is Net pay
What is Louisiana, Michigan, Florida
Any grant, scholarship, loan or paid employment offered for the purpose of helping a student meet education-related expenses. Such aid is usually provided by or through federal and state agencies, foundations, and corporations, as well as the colleges and universities themselves
Financial Aid