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In The Lion King, Simba learns the importance of responsibility from this wise character.
Who is Mufasa?
Borrowing money from a lender that you must repay with interest is called this.
What is a loan?
This document proves you legally own a car.
What is a title?
This document summarizes your education, experience, and skills for employers.
What is a resume?
Putting money aside for future use rather than spending it immediately is called this.
What is saving?
San Francisco’s famous neighborhood, known for its colorful Victorian houses, is nicknamed this.
What is The Painted Ladies?
Maxing out a credit card or missing payments can trigger this, the extra cost on borrowed money.
What is interest?
Borrowing money to buy a car requires paying this monthly.
What is a car loan?
The ability to collaborate with others and maintain a positive attitude at work is known as this.
What is teamwork?
Dividing income into categories like essentials, wants, and savings is part of this money management practice.
What is budgeting?
The daily habit of checking social media first thing in the morning is sometimes jokingly called this.
What is doomscrolling?
Paying this amount on time each month prevents interest charges from building up on a credit card.
What is the full balance?
Asking for a lower price, trade-in value, or dealer incentives uses this skill to save money.
What is negotiation?
Some employers offer this to help employees save for retirement
What is a 401(k) / retirement plan?
This type of savings account typically earns more interest than a regular checking account.
What is a high-yield savings account?
The only letter that doesn’t appear in any U.S. state name is this.
What is Q?
Using too much of your available credit on a card is called this.
What is high credit utilization?
This number, found on a car, uniquely identifies the vehicle and is needed for registration, insurance, and reporting theft.
What is VIN / Vehicle Identification Number?
When a teen calculates their earnings for the year and how much tax was withheld, this document helps them file taxes.
What is the W-2 form?
The difference between your total assets and total liabilities is called this, often considered a measure of financial health.
What is net worth?
In 2007, a man legally changed his name to this after a cereal brand.
What is Captain Crunch?
This term describes the percentage of your available credit that you’re using — keeping it too high can lower your score.
What is credit utilization?
This component converts the engine’s power into motion by connecting it to the wheels.
What is the transmission?
Maya earns $200 per week and wants to save 15% for a new phone. How much will she save after 4 weeks?
What is $120?
This is when someone agrees to take responsibility for another person’s loan or credit card if that person fails to pay.
What is co-signing?