Vocab Finance General, Credit, Budgeting, Debt

Front

Debt is ______________ _____________ to anyone for any reason.

Back

owing money

Front

Monthly plan for saving and spending income

Back

Budget

Front

Using a credit card:

Back

One spends more.

Front

Payday lending and cash advance services are

Back

Huge Ripoffs.

Front

Target of credit card companies:

Back

Teenagers

Front

Best way to buy a car?

Back

Purchase used and pay cash.

Front

Key to building wealth:

Back

Stay debt free.

Front

New car loses 25% off the lot, 70% after 4 years.

Back

25, 70

Front

Difference between credit and debit cards:

Back

A debit card requires cash in the account; a credit card doesn't.

Front

Monthly car payments for a period, then buy or return. Most expensive financing method.

Back

Leasing