Financial Literacy vocab work

What is Auto insurance?

• A type of insurance purchased by vehicle owners to protect them against financial loss in the event of an accident or theft.

• A type of insurance that helps pay for someone else's emergency services and medical care if the person causes a car accident.

• A type of insurance that covers health insurance, disability, and life insurance.

• A type of insurance that provides retirement benefits and paid time off (PTO).

What is a Bachelor degree?

• A degree given to a study by a college or university, typically after 4 years of study.

• An academic program taken at the undergraduate level, typically after 2 years of study.

• A specialized continuing educational course of study.

• A type of insurance purchased by vehicle owners.

What is a Budget?

• A plan for income and expenses during a set period.

• A profession, occupation, trade, or vocation.

• Money in coins or notes.

• A written, dated, and signed draft that directs a bank to pay a specific sum of money to a person or company.

What is a Career?

• A profession, occupation, trade, or vocation.

• A plan for income and expenses during a set period.

• Money in coins or notes.

• A written, dated, and signed draft that directs a bank to pay a specific sum of money to a person or company.

What is Cash?

• Money in coins or notes.

• A plan for income and expenses during a set period.

• A profession, occupation, trade, or vocation.

• A written, dated, and signed draft that directs a bank to pay a specific sum of money to a person or company.

What is a Certificate Of Deposit (CD)?

• An account into which a sum of money is deposited for a specified length of time; it typically pays higher interest rates than standard savings and checking accounts.

• A specialized continuing educational course of study.

• A degree given to a study by a college or university, typically after 4 years of study.

• A type of insurance purchased by vehicle owners to protect them against financial loss in the event of an accident or theft.

What is a Certificate program?

• A specialized continuing educational course of study, often used as additional training for students who already have a degree or diploma.

• An academic program taken at the undergraduate level, typically after 2 years of study.

• A degree given to a study by a college or university, typically after 4 years of study.

• A type of insurance purchased by vehicle owners to protect them against financial loss in the event of an accident or theft.

What is a Check?

• A written, dated, and signed draft that directs a bank to pay a specific sum of money to a person or company.

• Money in coins or notes.

• A plan for income and expenses during a set period.

• A profession, occupation, trade, or vocation.

What does Collision Insurance cover?

• Medical expenses.

• Damage to a vehicle caused by a collision with another vehicle or object.

• Loss of personal belongings.

• Damage to a vehicle not caused by a collision.

What is an Emergency Fund?

• Money set aside for daily expenses

• Money set aside specifically for unanticipated needs

• Money set aside for vacations

• Money set aside for investments