Show:
Borrowing 1
Borrowing 2
Potpourri
Money Management 1
Money Management 2
100
Amount you pay to use someone else's money
What is Interest
100
Total amount that a person owes to others
What is Debt
100
A legal agreement between you and the lender
What is a Contract
100
Fund to prepare yourself for an unpredicted expense
What is an Emergency Fund
100
Things that are essential to your health and security
What are Needs
200
Money someone is willing to loan you
What is Principal
200
Someone who is able to use a credit card account but not legally liable to pay the balance
What is an Authorized User
200
Where someone uses your personal information to withdraw cash, or set up accounts without your approval
What is Identify Fraud
200
The money that you receive
What is your Income
200
What makes life more interesting and fun, but you can do without them
What are Wants
300
Teaser rate given for a short period given to tempt you to borrow
What is Introductory APR
300
Shows how someone has used credit in the past
What is a Credit Report
300
Tool used to buy something now and pay for it later
What is Credit
300
What you spend money on
What is Expenses
300
Where you record everything you spend money on and how much you spend each day
What is a spending log
400
Amount of time you're obligated to make payments
What is the Loan Term
400
Someone who agrees to repay the debt if you don't
What is a cosigner
400
Money flowing into your pockets and out as expenses
What is Cash Flow
400
Deciding you want something and buy it right away is called
What is Instant Gratification
400
Plan on how your going to use your money to pay for things
What is a Budget
500
Where a lender can take your property or take money from your wages
What is to Garnish
500
Someone lenders see as a big credit risk
What is a Subprime Lender
500
Setting aside an amount you'll save before paying other bills
What is to Pay Yourself First (PYF)
500
Ideas and beliefs that are most important to you
What are Values
500
type of expenses where the amount is different each time you pay it
What is a Variable Expense