Budgeting
The item on your budget you should plan for first.
What are savings?
The tax that you pay on all goods.
What is sales tax?
The three Cs of credit.
What are character, capacity and capital?
An agreement that a product will work as promised after installation, with no written agreement.
What is implied warranty?
The FDIC insures this amount on savings accounts.
What is $250,000?
A car payment would be an example of this.
What is a fixed expense?
John places money into an interest-bearing savings account. The bank will give him what document stating the interest he earned?
What is a 1099-INT?
A record of your past borrowing and repayments.
What is your credit history?
The organization that protects you against dangerous products or biohazardous material.
What is the Consumer Product Safety Commission?
A way to remedy forgetting to pay your rent, where your bank takes money out of your account without you manually telling it to.
What is automatic withdrawal?
If you have two jobs, the money you earn from both combined before taxes is called this.
What is adjusted gross income?
Employers hold this from your paychecks.
What is social security taxes?
The maximum you can spend on a credit card.
What is credit limit?
An order to stop production of an ad.
What is a cease and desist?
Immediately transfers money from your account to a store's account.
What is a debit card?
A fluctuating cost that does not necessarily need to be paid every month.
What is a flexible expense?
Taxes paid on inherited property?
What is estate tax?
The period between the billing date and payment due date on a credit card.
What is the grace period?
A type of business practice where one company controls most or all of the product being produced and sold.
What is a monopoly?
A bond you buy to protect yourself from inflation.
What is an I savings bond?
The amount of income the IRS taxes you on is called this.
Additional tax paid on certain goods?
What is excise tax?
A loan that is paid back over a certain period of time with interest.
What is an installment loan?
The type of company where one must recruit others and pay an upfront cost, usually never recouping that cost.
What is a pyramid scheme?
Checks that have cleared your account.
What are cancelled checks?