Paychecks
25%`
What is the typical amount deducted from your paycheck?
Fee paid by customers when they spend more money in their account than they have.
What is an overdraft fee?
Gold-standard of websites to determine a fair sales price for a car.
What is Kelly Blue Book?
You must work 10 years and earn at least $5000 each year to earn this benefit
What is Social Security?
The chairman and CEO of Berkshire Hathaway. Followed by many for stock market advice
Who is William Buffett?
The amount of pay you earn before tax deductions.
What is gross pay?
Account that you deposit funds into that may earn up to 0.1% interest and can withdraw at any time.
What is a savings account?
25,000 for injuries or death to another person
$50,000 for injuries or death to all other people
$10,000 for damage to another person's property
What is the Washington State Requirement for Car Insurance?
Provided often to government workers and at times employees of large companies.
What is a pension?
S&P 500 and Dow Jones Industrial
What are stock market indexes?
The amount of pay you earn after taxes are deducted.
What is NET pay?
Account where you can earn up to 1%-3% in interest but must leave funds alone for an agreed to amount of time (typically 3-5 Years)
What is a CD (Certificate of Deposit)?
3 to 4 accidents
What is the average number of car accidents in a persons lifetime?
May include an employer match and fees and is invested in stocks and bonds.
What is a 401K?
The total value of stock for a company
What is the Market Capitilization?
The form you fill out to determine the amount of taxes deducted from your paycheck.
What is a W4?
Account you should reconcile monthly to ensure no funds have been mis-accounted for or stolen. Typically tied to your debit account.
What is a checking account?
Insurance that pays for damages to another person's property.
What is liability insurance?
Type of retirement plan for self-employed individuals that includes a tax-deferred benefit and is invested in stocks and bonds
What is an IRA (Individual Retirement Account)?
It is a share of ownership in a company.
What is a stock?
Act that requires 6.2% of your gross wages to be contributed to Social Security.
What is FICA? (Federal Insurance Contributions Act)
15-22% APR is typically charged on this type of account
What is a credit card?
5 years in length at 3% interest
What is the terms for a typical car loan?
ideally 70 to 90% of your salary
What is the amount of money you should have available to you in retirement?
It is the largest stock market in the world.
What is the New York Stock Exchange?