Personal Finance Mini Flashcard

Front

Which is TRUE about a debit card?

Back

When you swipe a debit card, it takes money directly out of your bank account.

Front

Things of value that you own (car, house, clothes, tools, computer, etc.).

Back

Asset

Front

This is the most common type of debt for young people (18 - 29 years old).

Back

Student loans

Front

This is considered a "good" credit score (2 correct answers): 700, 330, 550, 1000

Back

700

Front

A credit card is required for American adults.

Back

False

Front

A manager is usually paid this way.

Back

Salary

Front

If you decide to go to Pellissippi, or another community college, for 2 years, how much will it cost you if you have good grades in high school?

Back

$0/year

Front

Which is NOT TRUE about a good goal? A good goal should be focused. A good goal should be measurable. A good goal should be easy. A good goal should be achievable.

Back

A good goal should be easy.

Front

Is it possible to go to college debt free?

Back

Yes

Front

The amount you get paid after taxes and deductions have been taken out

Back

Net pay