Insurance
This is monthly cost paid regardless of whether you file a claim not.
What is a premium?
How many times a year can you get a credit check?
What is 1 time per year?
This is the value of the next best option you did not pick.
What is opportunity cost?
Th goal of a budget is this.
What is a balanced budget?
In investing, this is generally tied to return.
What is risk?
This type of insurance is required by law.
What is car insurance?
This is when interest is applied over multiple terms.
What is compound interest?
This is when someone uses your financial information without your permission.
What is identity theft?
In 50/30/20, the 30 stands for this.
What is 30% towards wants?
To minimize risk, your portfolio should be this.
What is diverse?
What is the value of any personal property in the unit?
This is a good way to build a credit score.
What is using a credit card on small purchases and paying off the debt before it is due?
The FDIC does this.
What is insures banks?
This form shows how much your employer withheld from pay for taxes.
What is a W2?
This low risk investment is essentially lending money to the government or a company.
What is a bond?
This is how much your policy will pay after your deductible.
What is co-pay?
Credit Card companies must deliver your bill by this date.
What is atleast 21 days before it is due?
This is pay before taxes are deducted?
What is net pay?
SMART goal stands for this.
What is specific, mesurable, action-oriented, realistic, time frame?
This percent shows how much interest will be built yearly.
What is annual percentage rate(APR)?
This type of life insurance covers only a specific time frame and generally costs less.
What is term life insurance?
These 3 companies show credit scores.
What is experian, transunion, equifax?
Define Fiat Money.
What is money without inherent value?
This is the process where you check budgeting with actual spending at the end of the month.
What is reconciling?
The rule of 72 shows this.
What is how long it will take your investment to double with a specific APR.