Banking/Loans
A transaction account, where the money can be directly accessed.
What is a checking account?
Typically scammers will create a sense of this, in order to get you to act fast.
What is urgency?
Here, people can buy portions of public companies, and other various financial assets.
What is the stock market?
What are fixed expenses?
Your course of study when you are in college.
What is a major/minor?
You will add this to your job applications, a document with your past experience.
What is a resume?
Your credit score will do this if you dont pay your minimum balance for 3 months.
What is go down?
These kinds of scams come through email, text, or fake websites.
What are phishing/smishing scams?
This famous phrase is used when teaching people how to invest for the first time.
What is "buy low, sell high"?
This kind of income is derived from investments or other assets that generate money for you.
What is passive income?
In the process of becoming an electrician, you will have to complete one of these.
What is an apprenticeship?
This is the most common alternative to a high school diploma.
What is a G.E.D?
These types of accounts come with term limits on the money.
What is a certificate of deposit (CD)?
What are social media scams?
These types of bonds are given to the government.
What are treasury and municipal bonds?
This rule tells us that we should wait some time before making certain purchases.
What is the thirty day rule?
These types of scholarships can come if your family makes under a certain amount.
What are need-based scholarships?
Yard work, babysitting, and dog sitting are all examples of this.
What is informal work/informal job?
In a savings account, this is paid to the account holder based on the amount of money in the account.
What is interest?
!!Double Jeopardy!! While playing video games, you may get these kinds of ads, an attempt to steal your money.
What are "pop-up" ads?
The crypto currency company OneCoin was involved in this type of scam, that ruined investors.
What is a ponzi scheme?
Haircuts, eating at a restaurant, and ubers, are all examples of these.
What are services?
These loans begin to build interest AFTER you graduate.
What are subsidized loans?
This online job board is like social media for working adults.
What is Linkedin?
When a loan is compunding, the interest you pay is a percentage of this amount.
What is the outstanding principal?
In this scam, investors are paid back by the money of other investors.
What is a pyramid scheme?
One con of real estate investing is that your money is not this.
What is liquid?
Putting off immediate happiness for a greater reward later.
What is delayed gratification?
You can obtain this type of degee at a 2 year community college.
What is an associates degree?
These are character traits that employers CANNOT ack you about.
What are protected chatacheristics?