Future Smart Part 2

A fixed fee you pay for specific medical services

• Car Insurance

• Annual Out-of-Pocket Maximum

• Copay

• Bond

An agency that tracks a borrower's credit and payment history to determine their credit score

• Compound Interest

• Credit Bureau

• Beneficiary

• FAFSA

A payment type that does not automatically draw money from your checking account

• Bond

• Debit Card

• Credit Card

• Auto Pay

Statement showing the total amount of money owed based on your credit card transactions

• FAFSA

• Credit Card Bill

• ATM Fee

• Credit Score

The total amount of money you can charge to your credit card

• Credit Bureau

• Auto Pay

• Credit Limit

• Compound Interest

A three-digit numerical rating on how likely you are to pay off your debts

• Credit Bureau

• Budget

• Bond

• Credit Score

A payment type that allows you to make purchases using money directly from your checking account

• Credit Card

• Family Savings

• Direct Deposit

• Debit Card

Amount you are personally required to pay before your insurance covers the cost

• Bond

• Annual Out-of-Pocket Maximum

• Deductible

• Copay

When the price of goods or services decreases

• Inflation

• Recession

• Economic Indicators

• Deflation

Measures the number of people who are willing to buy a particular good or service at a given price.

• AutoPay

• Copay

• Demand

• Economic Indicators