Why should you budget?

What should you do if you overspend in one particular budget category?

Which of the following is a want?

The key to building wealth is:

If you wanted to purchase something sooner than your budget allows, what can you do to accomplish that?

Credit scores are based on:

True or False: With all investments, as the risk goes up, the return goes down.

Saving or Investing: You want to start a college fund for your newborn son.

Saving or Investing: Your daughter has a wedding next year.

Would the following things come out of your checking or savings account? - electric bill, cell phone bill, house payment, car payment, car insurance, groceries

Would the following things come out of your checking or savings account? - engagement ring, down payment for a car, down payment for a house

When using monetary policy, what will the following actions result in? - buying bonds, decreasing discount rates, decreasing reserve requirements

When using monetary policy, what will the following actions result in? - selling bonds, increasing discount rates, increasing reserve requirements

Will the following scenarios increase or decrease your credit score? - making payments on time, paying off debt, correcting any financial mistakes quickly, checking your credit score report

Will the following scenarios increase or decrease your credit score? - missing payments, opening too many accounts at once, deferring loan payments, high credit card balances

The loss of potential gain from other alternatives when one alternative is chosen.

The state of being short in supply.

Something that is required to survive.

Something that is desired.

The amount of pay remaining for an employee after deductions have been taken from the individual's paycheck.

The amount of money you receive before any taxes and deductions are taken out.

A plan of the use of income and of expenditures over a set period of time.

Something you want to accomplish in the future that requires planning; usually several years away.

Something you want to accomplish in the near future; usually something you want to accomplish soon.

The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.

A number assigned to a person that indicates to lenders their capacity to repay a loan.

Another term for income.

The money spent on something.

A fee paid to borrow money.

Interest paid or computed on the original principal only of a loan or on the amount of an account.

Interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.

A share of a company.

A loan to a company or government that pays investors a fixed rate of return over a specific timeframe.

A sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits.

A firm that is the only supplier of a good or service.

The use of government spending and taxation to stimulate the economy.

The belief that the government should be "hands off" when it comes to business.

A general increase in prices.

A general decrease in prices.

A tax on imports/foreign goods.