Protect Yourself
A type of email scam asking you to click on a link and provide your personal information.
What is phishing scam?
Allows you to access a product or service now and pay for it later, such as with monthly payments.
What is credit?
A type of tax where the more money you make, the larger percent of your income you will pay for taxes.
What is progressive tax?
You should not spend more than this much of your gross income on rent and housing expenses.
What is one third?
Finding someone to take over your housing lease is called
What is subletting?
Be sure to read this prior to purchasing products or services to insure you can make a good decsion.
What is fine print?
The cost of money goes up as your credit goes down.
What is risk-based financing?
A tax where a person with a lower income pays more in tax, relatively speaking, than a person with a higher income.
What is a regressive tax?
Money you pay for a product or service that you will never get back.
What is a fee?
Money that you should (but may not) get back when you rent or lease a place.
What is deposit?
Banks may offer this to keep you from bouncing checks.
What is overdraft protection?
A service offered by your credit card company that allows you to draw cash on your card.
What is a cash advance?
A tax collected by the government on the retail sale of a good or service.
What is sales tax?
Betting on an uncertain outcome and/or taking a risk in the hopes of gaining something.
What is gambling?
The person or company that provides you your home through a rent or lease agreement.
What is a landlord?
A type of insurance that, should you die prematurely, provides your dependents with ongoing income to replace the loss of your income.
What is life insurance?
A type of bankruptcy for when more time is needed to repay debts and normally gives 3-5 years to repay.
What is Chapter 13 Bankruptcy?
Your car insurance deductible is $500. You do $2500 in damages to your car. The insurance company will pay this amount of the damages.
Debt that is guaranteed by something of value, such as a home or a car.
What is secured debt?
What is a certificate of deposit?