Bonus Round
Time spent away from work, whether on vacation, sick days, family leave, or anything else. You still get paid for those days you take off.
What is PTO/ Paid Time OFF?
Government program to assist low income families medical expenses
What is MediCAID?
A teenager is Claimed on their parents taxes as a
What is a Dependant?
Employer paid insurance for injuries or illnesses that do not allow you to work for a long period of time.
What is Long Term Disability?
Government program to assist the elderly
What is MediCARE?
Budgeting Strategy that builds Margin to accomodate for the Unexpected
What is the 50-30-20 Rule?
Tax benefited (post tax, but interest grows tax free)Investment account with purpose to save for higher education
What is a 529 account?
Government retirement program
What is Social Security?
A type of individual retirement account where you pay taxes on money going into your account, and then all future withdrawals of earnings are free from tax unless withdrawn before age 59.5.
What is the Roth IRA?
A proactive, strategic way to save money for an upcoming expense by setting aside a little bit of money each month.
What is a SINKING FUND?
Age at which you can draw Social Security
What is 67?
Dave Ramsey is Famous for this advice on LIVING
What is "If you live like no one else now, one day you can live like no one else!"
An official tax form issued by financial institutions and other entities to report interest income paid to you during the year.
What is a 1099-INT
The phrase used for describing the idea of taking from your retirement funds to pay for emergencies.
What is "Robbing Peter to Pay Paul"?
Carlos' Uncle Just Filed his taxes. He gets to pay $500 Less because he has a $500 Child Tax _______
What is Child Tax CREDIT?