Future Smart Part 5

A card that allows you to put a specific amount of money onto it.

• Prepaid Cards

• Debit Cards

• Credit Cards

• Minimum Balance

A higher education institute that is generally supported by private donations and tuition

• Community College

• Junior College

• Private College

• State University

Positive earnings, when you have earned more in revenue than your spent on expenses

• Loss

• Net Pay

• Profit

• Net Income

Private loans are financed by lenders, like banks, credit unions, and sometimes the school you attend

• True

• False

A higher education institute that is generally supported by state government funds

• Private College

• Junior College

• Public College

• Community College

The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy

• Investment Summary

• Purchasing Power

• Opportunity Cost

• Revenue

A type of insurance that can protect a person from property damage or loss in a rental property

• Renter's Insurance

• Medical Insurance

• Car Insurance

• Collision Insurance

The amount of money a business makes within a specific time period, typically a month

• Sales Tax

• Net Pay

• Revenue

• Net Income

A fixed payment, usually paid on a weekly or bi-weekly basis that does not vary depending on how much you work

• Salary

• Direct Deposit

• Net Pay

• Net Income

The tax you pay to the state or local government when purchasing an item

• Sales Tax

• Mutual Fund

• Opportunity Cost

• State Income Tax