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Spending Goals
Goals
Money
Vocab
Random
100
money you earned
income
100
can be reached in more than one year
long-term goal
100
Who were the first to use paper money?
the chinese
100
Protection you purchase from an insurance provider for coverage or risks
insurance
100
T/F financial goals don't need to be reevaluated and adjusted for life changes
False
200
A financial statement individuals can use to assist with money management
spending plan
200
Achieve in a time period of less than one year.
short term goal
200
Who controls the amount of money in circulation in the U.S.?
Federal Reserve
200
a period during which the car dealer gurantees the proper functioning of a vehicle by covering any exenses
warranty
200
online banking is open __ hrs
24
300
Money you spent
expense
300
The end result of something a person intends to acquire or achieve.
goal
300
Tokens or pieces of paper that are not valuable,but can be exchange for a specific commodity
representative money
300
A cash payment of part of the purchase price made by the buyer
down payment
300
PIN stands for. . .
Personal, Identification, Number
400
An item which increases the quality of life.
Want
400
S M A R T stands for..
Specific, Measuable, Attainable, Realistic, Time bond
400
Direct exchange of one good for another
bartering
400
the cost of credit expressed on an annual basis
APR (Anual percent rate)
400
provisions of an insurance policy
conditions
500
fundamental beliefs or practices about what is desirable,and important to an individual.
value
500
specific objectives to be accomplished through financial planning
financial goals
500
An item , or commodity, that is agreed to be accepted in trade
commodity money
500
formula used to calculate total loan payments
PRT (principal rate time)
500
licensed person who sells insurance to you
agent