Random Finance
If I am in a car accident, what is the amount that I have to pay called?
Deductible
How are tax credits applied to the individual tax amount owed on their yearly taxes.
They decrease the amount of taxes you owe.
Is a 401k a mandatory tax deduction?
No. It is a retirement account.
Market
If I wanted to buy a car, which agency would I get a loan from?
Financial Service Company
Federal Reserve.
Which account would I use for emergency funds.
Savings
When I am choosing a new job what is the MOST important factor to consider?
Total Compensation Package
In this economy the government makes all market decisions.
Command
Who can help us fix our credit if it starts becoming out of control?
All contracts are enforced under which type of law?
How much is needed to open a checking account?
How often should we check our budgets in general?
Once a week
What is Gross Domestic Product?
How much a country produces in a single year.
Who would be affected by the increased sales of homes?
Real Estate Broker
If I am a Lawyer and want to protect myself from being sued, what type of insurance would I want to have?
General Liability
What are the two types of bankruptcy?
Chapter 7 and 13
Why should we start saving for retirement early.
Compound Interest. The longer the interest accrues the more you have.
What is the main factor will producers use to determine how much they are willing to produce?
The cost of raw materials
How do brokerage firms make money?
Commission and fees
Better budgeting decisions.
Credit Report
W-2
How does social media impact consumer decisions?
Allows us to make better budgeting choices.
What is a benefit to trade school?
It requires less time than a degree.