Money Management
This percentage of Americans are living paycheck to paycheck.
What is 80%
A clothing store credit card is an example of this type of debt.
What is Revolving credit?
To build wealth through compound growth, you need these two elements.
What are Money invested and Time?
This is the key to paying off personal debt with the Snowball Method.
What is Paying off the smallest debt first?
This is considered an emergency fund expense.
What is a blown car tire?
When you're creating your monthly budget, the first priority under "Expenses" should be to do this.
What is Giving?
This method of paying off debt focuses on paying off the smallest balance first, regardless of interest rate.
What is the Snowball Method?
"Rate of return" describes this aspect of investing.
What is Compound Growth?
Almost half of all Americans report having less than this amount in savings.
What is $1,000?
Almost half of Americans have less than this amount saved for emergencies.
What is $1,000?
Tracking your expenses will help you do all of the following except:
What is Over-spend?
The total student loan debt in the U.S. is currently about this much.
What is $1.5 trillion?
This is what it's called when you make money on the percentage of the total sales you make.
What is Commission?
This term refers to a fund that covers unexpected, necessary expenses.
What is Emergency Fund?
This type of expense is not typically covered by an emergency fund.
What is a video game sale?
Personal finance is 20% head knowledge about money. What is the other 80%?
What is Behavior?
Which of the following is not factored into the loan payment on a new car?
What is Equity?
This is your biggest wealth-building tool.
What is Your Income?
In Dave Ramsey's Five Foundations, this is the third foundation.
What is pay cash for car?
In the acronym S.M.A.R.T. what does the "T" stand for?
What is Timing?
Living on less than you make means not doing this.
What is Spending all of your money?
Predatory lenders use all of the following except:
What is Truthful Logic?
The phrase "Rate of return" refers to the __________ earned on an investment.
What is profit or interest?
Living paycheck to paycheck affects this percentage of Americans.
What is 80%?
This is the first step in saving for emergencies, according to Dave Ramsey.
What is Save $500