Checking Accounts
An item issued by a bank or credit union allowing you to spend money from your checking account without using cash.
What is a debit card?
An item issued by a bank or credit union allowing you to borrow money instantly in order to make purchases.
What is a Credit Card?
The two types of people that experience the most fraud.
What are Young Adults and Elderly People?
A monthly payment made by a person who owns a house.
What is a mortgage?
The action that a person takes to make them an Entrepreneur.
What is starting a business?
A four digit number used with your debit or ATM card.
What is a PIN (Personal Identification Number)?
The charge for the privilege of borrowing money, typically expressed as a percentage rate.
What is Interest?
An identification number given to you by the US government at birth.
What is a Social Security Number?
How often a person should review their budget.
What is Once a Month?
A technique Entrepreneurs use to connect with other professionals and build business relationships.
What is Networking?
The most common PIN used by debit card holders in the USA.
What is 1234?
The highest number that a Credit Score can be.
What is 850?
The first step once a person realizes they have been a victim of identity theft.
What is contact your financial institution?
The percentage of US adults that take the time to budget and lay out their finances.
What is 25%?
Your boss when you become an Entrepreneur.
Who is YOU?
When you try to spend more money with your debit card than you have in your checking account.
What is Overdrafting?
A detailed breakdown of a person's credit history prepared by a credit bureau.
What is a Credit Report?
The number of credit bureaus that generate your credit report.
What is 3 (Equifax, Experian and Transunion)?
Your take-home pay after taxes are taken out.
What is Net Income?
This nation is the world's 3rd largest economy, but has the 4th LOWEST number of entrepreneurs.
What is Japan?
The electronic transfer of a payment directly from an employer to their employee's account.
What is Direct Deposit?
A process where a lender can take back your vehicle, sometimes without warning you in advance or having permission from the court.
What is Repossession (Repo)?
Attempting to gain personal information from a person over the telephone, email or internet.
What is phishing?
A budget term that means "giving to charity."
What is Philanthropy?
The average age of a small business owner in the US.
What is 50 years old?