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Taxes
Retirement
Stocks/Bonds
Budget
Loans
100
What a tax paid by a homeowner?
What is Property tax
100
What is another term for a retirement plan?
What is Pension
100
T/F A bond is the same thing as stock.
False
100
T/F A debit is an expense withdrawn from the budget sheet.
True
100
What is a loan taken out to pay for schooling?
School loan
200
A type of tax tied to your taxable income that goes to the federal government.
What is Federal tax
200
What is a tax-deferred contribution plan by your employer called?
401K
200
What is more risky: Bonds or Stocks?
Stocks
200
T/F A credit is an amount taken out of your bank account when you use a credit card.
False
200
What is an item of value that is used to secure a loan?
Collateral
300
What is they name for all income subject to taxes?
What is Gross
300
What is a federal program for retirement?
Social security
300
When you buy stock, you buy what in that company?
Equity
300
What is a check called that is drawn from the bank rather than an individual?
Cashiers check
300
What is a loan called that has fixed even payments?
Fixed loan
400
61
What is the average age for retirement?
400
High risk=High ?
Return
400
What happens when you overdraw your account for more than the amount in there?
Overdraft
400
A loan where no interest is accrued for a certain period.
Subsidized
500
What is the difference between tax evasion and tax avoidance?
Evasion-misrepresentation of tax liability Avoidance-extra deductions or changing business structure
500
At what age can you start collecting social security?
62
500
Who determines a company's stock price?
Board of Directors
500
What is interest earned on interest?
Compound interest
500
These loans typically have the highest interest.
Consumer loans