Personal Financial Literacy

a % increase on the amount of ur account OR debt; banks may not offer it on a checking account

giving up something u want now to get something even better in the future

monthly bills that cost the same amount each month

expenses that change from month to month

the amount paid on a check should be written  . . .

planning a ____ means figuring out how to make & spend $

this goes in top right corner of a written check

ways you can build wealth (more than one)

kind of insurance that covers extra medical expenses such as cancer or disability

banks & credit card companies charge interest on loans so they can ___

insurance that provides $ in the event that you have a car accident; required in NC

$ u must pay before ur insurance will kick in

account type that's easy to open but might charge for excessive w/drawals

measuring your income & expenditures will give you an idea of your ___

kind of insurance that pays $ to a beneficiary when you die

$ made from selling company stocks at a higher price than when u bought them

govt agency that regulates sale & safety of explosives & other dangerous products

put this on your check's bottom right-hand corner to approve the check

when u demand compensation for losses described in your policy, u must file a ___

a piece of a company's profit that u earn if you have stock in it is called

u incur these when you make a purchase

which of these is true about the FTC Bureau of Consumer Protection? (more than 1)

the final stage in the steps to financial planning

insurance type that provides $ for general medical care

this type of account lets u w/draw cash, write checks, & use a debit card

consumer protection agency that issues recalls on unsafe products (NOT food, alcohol, guns)

when someone else signs your name, it's called ___

a company's guarantee that u will b compensated for losses in return for payments

$ that you owe to creditors is known as ___

u plan to leave $ in this account for a while b/c it pays higher interest than savings