what is the money you barrow called
what is a loan
which card takes money directly from your bank account
what is the money taken from your paycheck by the government called
what is taxes
what is a 401k
what is the term for the monthly or yearly amount you pay to have insurance
what is a premium
what is the extra money you pay back on top of the amount you barrowed
what is interest
what is the number that represents how responsible you are with borrowing money
what is credit score
what form do you get from an employer that shows how much you earned that year
what is a W-2
what is it called when your employer gives you free money to add to your 401k
what is employer match
what type of insurance covers injuries or damage if you cause a car accident
what is liability insurance
what is a loan specifically used to buy a house called
what is a mortgage
what happens if you don't pay your credit card bill on time
what is you get charged interest/late fees and youre credit score can drop
what is the tax you pay when you buy most items in stores
what is sales tax
what age can most people start withdrawing from a 401k without penalties
what is 59 1/2
what is the term for the amount do you pay out of pocket before insurance starts helping
what is deductible
what type of loan has a set interest rate that never changes
what is a fixed-rate loan
what is the maximum amount a credit card company lets you barrow called
what is credit limit
what do we call the system where people with higher income pay a higher percentage in taxes
what is progressive tax system
what is the money your 401k earns over tame called
what is investment growth
what kind of insurance helps pay medical bills if you get sick or injured
what is health insurance
what do we call the risk-based percentage lenders set based your credit score and income
what is your interest rate
what is the percentage of your credit limit that you are using called, which affects your credit score
what is credit utilization
what federal tax helps pay for retirement and disability benefits for Americans
what is security tax
what do we call the tax advantage where money grows without being taxes until you take it out
what is tax-deferred growth
what is the contract that explains exactly what your insurance covers and doesn't cover called
what is a policy