Definition
state of the economy at any given time.
economic conditions
property protection and liability protection.
What two basic types of coverage does homeowners insurance provide?
A ______ is a plan for managing your income and expenses over a period of time.
What is a budget
If you earn $15 per hour and work 20 hours a week, how much do you make in two weeks (before taxes)?
what is 600?
True or False: Paying only the minimum payment on a credit card helps you avoid all interest charges.
the action or process of investing money for profit or material result.
investment
Auto liability coverage protects you financially by covering the costs associated with accidents you cause, potentially saving you from significant out-of-pocket expenses and legal battles.
what is auto liability coverage
Your credit ______ is a three-digit number that lenders use to evaluate your credit risk.
what is a score
Credit cards give you free money that you never have to pay back.
False
A store offers 20% off a $50 jacket. What is the discount amount?
What is 10
Moral principles or beliefs that direct a persons behavior
ethics
Credit history , driving record. etc
The cost of auto insurance depends on what factors?
A ______ fund pools money from many investors to buy a diversified portfolio of stocks, bonds, or other assets.
what is a mutual fund
A debit card helps you build credit
False
If your monthly expenses are $1,200 and your income is $1,500, how much do you have left over?
What is 300