What are costs that stay the same each month, such as rent or car payment?

What are costs that change each month, like food or utilities?

What is interest calculated on both the principal and previously earned interest?

What is money owed to another person, company, or institution called?

What is a numerical rating that shows creditworthiness?

What is a loan used to purchase real estate called?

What is a card that allows borrowing up to a limit with repayment required?

What is the smallest amount that must be paid on a credit balance?

What is the time during which payments can be made without penalties or interest?

What is an item or account purchased to make money grow?

What is spreading investments to reduce risk called?

What term describes the profit or loss compared to the cost of an investment?

What are accounts that help people save money for retirement called?

What is a retirement plan funded by employers called?

What are government benefits for retirees and the disabled called?

What is protection against financial loss called?

What is the regular payment for insurance coverage called?

What is the amount you must pay before insurance covers costs?

Who is the person who owns an insurance policy?

What is the general rise in prices, reducing purchasing power, called?

What is income after taxes and deductions (take-home pay) called?

What are taxes taken from workers’ paychecks for Social Security and Medicare called?

What is a tax form employers send showing annual wages and taxes withheld?

Which account is best for making frequent transactions and paying bills?

If you want to earn interest and do not need immediate access to your money, which account should you choose?

What is the main purpose of insurance?

What do you call the money you actually take home after all deductions?

If you file a claim with your insurance company, what are you requesting?

If you want to know your total income before any deductions, which term should you look for?

A period of economic decline.

A form employees complete to set how much tax is withheld.

The chance of losing money on an investment.

A request made to an insurance company for payment.

A pool of money from many investors used to buy stocks and bonds.

A savings option with a fixed term and interest rate.

A certificate representing money lent to a company or government.

A detailed record of a person’s credit history.

A share of ownership in a company.

The ability to borrow money with the promise to repay it

Your total Net Worth is calculated how?

Something owed (e.g., debt, obligations)

Something valuable owned (e.g., cash, property)

A legal process where someone cannot repay debts.

A loan used to pay for education.

Interest calculated only on the principal.

The cost of borrowing money or the reward for saving money.

Money earned from working, investments, or other sources.

The original amount borrowed in a loan.

Borrowed money that must be repaid with interest.