VOCABULARY
CREDIT
SAVINGS
INVESTING
PERSONAL FINANCIAL PLANNING
100
It is an agreement between two people.
What is credit?
100
Character, Capacity, and Capital.
What are the three C's of credit?
100
A strategy for using money to reach important goals.
What is a savings plan?
100
A financial product or valuable item
What is Investing?
100
Cash flow statement, and Net worth statement.
What are two examples of personal financial statements?
200
The ability to apply skills and knowledge.
What is Financial Literacy?
200
Receiving credit.
What is the debtor's role?
200
beginning points, ending points, and fixed time period.
Your savings goals should have?
200
Putting money in different types of investments.
How is Diversification spreading risk?
200
Cost of goods and services purchased.
What are expenses?
300
Money that remains after a person has paid all expenses.
What is Discretionary Income?
300
Closed-End credit and Open-End Credit.
What are the two common types of credit?
300
The rate of yearly earnings from an account.
What is annual percentage yield?
300
Developing investment growth.
How does a personal investement plan?
300
Giving sick people medicine and giving jackets for warmth.
What are two examples of charitable giving?
400
An item of value that is owned
What's an asset?
400
Individual consumers by retail business.
What is Consumer Credit granted by?
400
interest
What is money considered to be?
400
Writing a SMART goal.
What is creating an Investment plan?
400
Keeping debt under control.
How can financial trouble be avoided?
500
The value of a dollar goes down as prices rise.
What is inflation?
500
To serve as a medium of exchange
What is the purpose of credit?
500
Financial institutions to provide clear information
What does Truth in Savings requires?
500
Volatility, rate of return, risk, and liquidity.
What is the characterized of Investment?
500
Personal finance strategy to help you save money.
What is pay yourself first?