It Won't Budge-it Banks A Million Give Me Some Credit Save And Grow Can You Dig It?
100
What is the Gross?
The amount you earn before taxes and withholding.
100
What is the Federal Deposit Insurance Corporation (FDIC)?
Federal government agency the insures bank deposits up to $250,000
100
What is the finance charge?
The amount you pay to borrow money.
100
What is a bond?
A debt investment (or loan) that pays interest over a specific period of time.
100
What is Willpower or Self-control?
What you use that keeps you from buying something you don't need with money you don't have.
200
What is a need or necessity?
Something you must have to survive.
200
What is interest?
The charge you pay for the use of borrowed money.
200
What is a down payment?
The amount a lender may require you to pay in cash in order to qualify for a loan.
200
What is diversification?
An investment strategy of spreading your principal around over different strategies to reduce risk.
200
What is Dignity?
The principal that you live your life by to have the best outcome.
300
What are Fixed Expenses?
Expenses that are the same every month, quarter or year.
300
What is a check register?
A record of deposits and withdrawals in your checking account so you always know how much money you have.
300
What is a credit history or credit report?
A detailed record of all the ways you have used credit in the past.
300
What is Return?
What you get back on an investment measured by either increase or decrease of value.
300
What is charity?
Giving a portion of your money away to help other people.
400
What is the Net?
The amount you receive in your pay check after deductions for taxes and other withholdings.
400
What is an overdraft?
Authorizing the payment or transfer of more money than is in your checking account.
400
What is the minimum payment?
The smallest amount you may pay on a credit card debt and still remain in good standing.
400
What is Stock?
What you buy from a company that makes you a part owner and gives you voting privileges.
400
What is insurance?
What you buy to protect yourself from a devastating loss.
500
What is a Budget?
A written plan for managing your expenses to avoid debt.
500
What is principal?
The amount you save, withdraw or borrow. What the interest percentage you owe or earn is calculated on.
500
What is an unsecured loan?
A loan for which the borrower does not provide collateral.
500
What is investing?
What people do with money in order to gain a greater return than they may get from just saving.
500
What is Freedom?
What you have when your financial affairs are in order and you can do or have most anything you want.






Money Wise

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