Money
Which of the following BEST describes income?
What is income received from work?
How does saving money help people avoid debt?
What is by helping them cover unforeseen expenses?
What is a savings account?
What is an interest bearing account where peope put money for future use ?
A for profit institution that offers personal loans, mortgages and other services?
What is a bank?
What is debt?
What is money owed?
Which is an example of a source of income earned by trading labor for monetary compensation?
What are wages from a part-time job?
Who would likely be MOST prepared to pay for an unexpected, necessary medical procedure
Who is a person who saves a large portion of his or her monthly income?
What is interest?
What is a fee received or paid for the use of money
A not-for-profit cooperative that offers bank services and is owned by its members?
What is a credit union ?
Money in the form of bills or coins?
What is cash?
For whom would developing and maintaining a budget be MOST important?
What is someone who earns a high income but spends more than he earns?
Which BEST describes the cost of using credit for purchases?
What is the user must pay the balance of the purchase and the interest on the credit card?
What are required payments to the government?
What are taxes?
An internet bank
What is a Web-only bank?
A personal bank card when used, deducts money from your own account
What is a debit card?
What must a person balance when preparing a personal budget?
What are spending and saving?
Which is a benefit of using a credit card?
What is it allows the consumer to establish a credit history
A business cost that remains the same
What is fixed cost?
Money that is put in a bank account?
What is a deposit?
A card authorizing the holder to buy goods and services that can be paid for later?
What is a credit card?
Which BEST describes saving?
What is setting aside money for future use?
What does it mean to invest ?
What is to commit money to gain a profit or earn interest?
A business cost that increases or decreases ?
What is variable cost?
Money that is taken from an account?
What is a withdrawal?
A personal plan for spending and saving money
What is a budget?