Your Life, Your Money

Subsidized loans are those that the ______________ pays the interest while you are in school.

Income is how much money you earn.

The total income before any taxes are taken out is net income.

Deductions are taken out of your net income.

Statistics show that 1 out of _________ young adults do not have health insurance.

The average cost of an uninsured hospital stay might could cost up to ________________

When starting out with your finances, you should start with small steps and start when you are ____________.

When Min Lwin got his first job he prepared a _______ to see a list of expenses he anticipated.

Credit cards can be difficult to manage because of the interest rate, so you should always...

If you own your own business, the IRS requires you keeps careful records. The government expects you to pay your ____

According to Donald Faison, it is time for us to take control of our financial life and live within ______________

To prepare for retirement you can open up an IRA, which stands for...

You can improve your credit score if you...

Always separate your needs from your ____________

It's advised that when saving your money you should start early, create a/an ___ fund and invest in a retirement account

According to Ron Lieber of the New York Times, the problem with money comes when you're ______ money you don't have.

Net income is the income that is left after taxes.

When creating your budget, it is important to allow no more than ______ for rent.

According to Russell Simmons, no matter how rich you are you need to be able to ___________ your lifestyle.

To figure out how much money is coming in and out, track everything you spend your money on for two___

When selecting a credit card, you should look for _______________________.

Typically, a student loan will be due for repayment six ______________ after you are no longer a full time student.

To become disciplined financially, you must be able to distinguish between...

The biggest reason people go __ is that they had a health emergency, no health insurance, and the bills overwhelmed them

For every dollar you contribute to your 401K, your company might _____it in full or in part.

Forbearance means to temporarily stop loan payments because of ________________ hardship.

When you deposit your money into a savings account, the bank pays you ____ for the use of your deposited money while.

When people have trouble paying off their credit card, they can go see a ____ to figure out how to alleviate their debt.

When budgeting, you should always allow for ________ of your money to go into savings.

People should have a set savings cushion for tough economic times. The key is to save three __ worth of living expenses.

Your ____________ can influence the interest rate you pay on any money you borrow or loans you may seek out for a car.

When Min Lwin was looking at bank accounts, he wanted to find the highest _____________ to put his savings into.