Taxes
THIS is the type of tax where everyone pays the same percentage of their income regardless of how much they earn per year.
What is a flat tax?
THIS should be called "Death Insurance."
What is life insurance?
The government pays the interest on THIS type of federal student loan.
What is a Subsidized loan?
Your greatest asset when it comes to investing is THIS.
What is time?
THIS is the type of tax system the US uses to calculate income tax (several different percentages based on overall income).
What is progressive tax?
THIS is the type of auto insurance that is required for all individuals who drive.
What is liability insurance?
The typical student loan repayment is THIS long.
What is 10 years (or 120 payments)?
THIS type of investment is like pooling your money together to buy an awesome present for your friends.
What is a mutual fund?
THESE are also considered "payroll taxes" and are either paid under FICA or SECA rules.
What are social security and medicare taxes?
THIS is the type of auto insurance you need for natural disasters or non-accidents.
What is comprehensive coverage?
THIS is the type of fee on federal loans that is approximately 1% of the total loan amount borrowed.
What is an origination fee?
The Rule of THIS tells you how long before your money will double (based on the rate of return %).
What is the Rule of 72?
Sales tax is an example of THIS form of taxation.
What is a regressive tax?
THIS is the amount you must pay before the insurance company pays any of its money.
What is (term) life insurance? What is the deductible?
THIS is the name of the contract that you must sign, agreeing to repay your student loan (with interest).
What is the Master Promissory Note (or MPN)?
HE said, "Compound interest is the strongest force in the universe."
Who is Albert Einstein?
THIS is the percentage you pay for SECA tax.
What is 15.3%?
THIS is the monthly cost you pay in order to be covered with insurance.
What is the premium?
THIS is the current interest rate on federal student loans for 2025-2026.
What is 6.39%?
Consistently investing a fixed amount of money over a long period of time is THIS "D" of investing.
What is dollar-cost averaging?