Careers and Finance Basics
Can values be influenced by Instagram.
What is true?
This form of property insurance covers belongings and liability on a rental property.
What is renters insurance?
The three digit score that denotes your credit trustworthiness
What is credit score?
Compensation for work in the form of an annual sum, not always based upon the amount of time worked or productivity levels
What is salary?
The money paid to the insurance company to purchase a policy
What is a premium?
The money that one borrows from the bank.
What is credit?
The type of property insurance that protects against damages.
What is liability insurance?
Another term that denotes the interest on a credit card
Annual Percentage Rate
A con of a paper check
What is least secure, must be deposited in free time, must be at work to receive, and delayed?
The out-of-pocket payment made by an individual before an insurance company will cover the remaining cost
What is deductible?
The active process of managing your resources to maintain a positive relationship with your money.
What is financial wellness?
Medicaid is .........
What is health insurance?
The highest a credit score can be
What is 850?
Gross income - deductions =
What is net income?
Exposure to danger, harm, or loss
What is risk?
The three basic principles of personal finance.
What is spend less than you earn, make your money work for you, and protect your money?
A type of insurance that is usually required when financing a vehicle to protect the lender in case of damages
What is collision insurance?
The act was passed in 1968 to protect consumers from unfair practices by credit lenders
What is truth in lending act?
In the instance when you do not have enough money in your account to cover a transaction, this service will pull money from another account or provide a line of credit to cover the transaction. This helps to reduce expensive insufficient funds fees.
What is overdraft protection?
The cause of a possible loss (the event that is insured against)
What is peril?
A career analyzes statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
What is an actuary?
The five types of insurance
What is Property Insurance, Health Insurance, Auto Insurance, Identity Insurance, and Life Insurance?
One who's considered suitable to receive credit, especially because of being reliable in paying money back in the past.
What is creditworthy?
These two deductions are included in the FICA tax.
What is Medicaid and Social Security?
A type of government insurance.
What is the medicaid?