Debt
Money owed to another person or company
What is Debt
The granting of a loan and the creation of debt
What is Credit
The century that credit became the standard
A saver or spender
Your money personality
A technique used to plan how you spend your money
What is budgeting
$14,947
What is the average credit card debt in America per household
The rate of money you have to pay separately from the loan that accumulates overtime
What is intrest
Personal Finance is 80% this
What is behaivor
500$ emergency fund, get out of debt, pay cash for your car, pay cash for college, build wealth
Putting your money somewhere for it to grow
What is investing
A state of satisfaction/being at peace with yourself
What is Contentment
A borrowing of money that accrues intrest
What is a loan
The super cool dude who made this book
Who is Dave Ramsey
Future thresholds you would like to meet
What are goals
Buying things or getting loans you are not ready to pay for
What is living beyond your means
The era that debt became "popular"
What is the Mid 90's
What is a Loan Shark
A type of investment where you put money in to a business of your choice
What are stocks
Putting money away from future want or needs
What is saving
Not having money at the end of the week/waiting to get paid
What is living paycheck to paycheck
The company that gives student loans
What is "Sallie Mae"/SLMA
A record of an individuals credit history
What is a credit report
The system we had back then that said we had gold to back up the worth of money we had in our country
What is the gold standard
The amount of money the game Fortnite has made from micro transactions
What is over 1 billion dollars
A score you get based on your history of paying off debt