Relates to
Lists
Name it!
Versus
Numbers & Calculations
100
Overdraft protection relates to this concept
Banking or Checking
100
Disability, Renters, Life, Health are all forms of
Insurance
100
Who collects taxes, prints money, issues treasury bonds?
Treasury Department
100
the cost of consumer goods is actually declining VERSUS the cost of consumer goods is increasing
deflation VERSUS inflation
100
total assets – total liability =
Net worth
200
savings and checking accounts are more, certificate of deposit and money market accounts are less... this relates to
liquidity
200
wages, rentals, interest, capital, profits, investments, entrepreneurship are all forms of....
Sources of income
200
an independent federal agency that holds primary responsibility for regulating consumer protection with regard to financial products and services
Consumer Financial Protection Bureau (CFPB)
200
financial market that experiences an extended period of growth above the historical averages versus financial markets that are experiencing a prolonged period of contraction or loss.
Bull versus Bear markets
200
72 divided by _______ = years to double investment
interest rate
300
Pay yourself first is a saying that applies to this concept.
Savings
300
Equifax, TransUnion, Experian are all
Credit reporting agencies
300
Also called the Consumer Credit Protection Act, legislation enacted in 1968 requiring money lenders to be explicit about the true costs of credit transactions
Truth in Lending Act
300
where the stocks are “created” versus where they are traded.
Primary Markets versus Seconday Markets
300
unauthorized charges are made with your credit card before you report it lost or stolen, the maximum amount you can be liable for is _________. If the charges are made after you report the card lost or stolen, you have no liability
$50
400
grace period before you start making payments RELATES TO
Student Loans
400
getting good grades, having no accidents, keeping good credit, and driving a certain type of car are all ways to
reduce the cost of auto insurance
400
short-term loans sold to operate the U.S. government. Amounts invested range from $1,000 to $5 million per investor
Treasury Bills
400
equity in a house, investments,savings VERSUS mortgage, auto loan, student loans, credit cards,
assets VERUSUS liabilities
400
$250,000 per depositor, per bank
FDIC insuring limits
500
transfers all or some of the financial impact of unexpected events
Insurance
500
New York Stock Exchange and NASDAQ are both examples of
secondary markets
500
consisting of institutional investors that arrange to purchase the stock through the underwriter; it is very difficult for an individual investor to buy stock
IPO (initial public offering)
500
tax deductible and you pay taxes on the money when you withdraw it in retirement VERSUS does not give you a tax benefit for contributing and the money can be withdrawn at retirement without paying any taxes.
Roth VERSUS Traditional IRA
500
$5,000 maximum
The amount you can contribute to a traditional IRA