Money that someone receives is called __________________
A spending and saving plan is called __________________
Helps individuals, families, and businesses figure out how to best use their income.
When you spend some money now with the hopes of making more money in the future.
A fee for the use of borrowed money, usually a % of the borrowed money
The ability to borrow money
Some people have a good credit score and others have a bad credit score, how does this happen?
If you borrow $100,000 at 2% interest how much will you pay back in total.
When making a budget, which of the following items is considered a want?
When making a budget, which of the following items is considered a need?
When you make investments, you are guaranteed to make money of each investment.
Credit cards are ____________________
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