debt; addiction; stress
What are consequences of sports betting/gambling?
Total amount of money an individual has earned before taxes are taken out.
What is gross income?
Retirement savings accounts with tax advantages
what is the IRA?
Lower interest rates; higher approval rates
what are benefits of a good credit score?
A situation involving exposure to danger, harm, or loss
what is a risk?
Fanatics; DraftKings;FanDuel; BetMGM
what are some sports betting platforms?
Stress; wasted money; not prepared for emergencies
what are consequences of not having a budget?
Market in which prices are rising; economy is sound
The yearly interest rate charged on outstanding credit card balances
What is APR?
the relationship between premiums and deductibles
What is an inverse relationship?
1 in 292.2 million
what are the odds to win the Powerball jackpot?
50-30-20; Pay Yourself First
what are budgeting strategies?
S&P 500; Dow Jones
What are 2 of the biggest index funds?
Measures your credit risk; makes up your credit score
Sewer backups; earthquakes; flooding; mold; pest control
what is not covered in homeowners insurance?
21%
how much time are online sports programs spent advertising sports betting?
Personal expensive that don’t change each month
what are fixed expenses?
Receiving compound interest in a savings account; getting compounded returns from stock market investments
what are the 2 most common benefits from compounding?
Payment history; amounts owed; length of credit history; new credit; types of credit
what are variables that affect your credit score?
the kind of insurance coverage is required in Mississippi
What is liability coverage?
Mississippi’s in-person betting group
what is Magnolia State?
Food; utilities; shelter; transportation
What are the “four walls”?
24/7 market hours; largely unregulated; extremely high change rates
what are characteristics of crypto currency?
not included in credit reports
what is a credit score?
25K; 50K; 15K
What are the state minimum coverage limits for auto?