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PF final
Final exam flash cards
| Question | Answer |
|---|---|
| What is a want | Something that is not essential to your life but you still desire to have it. |
| What is the elements of a S.M.A.R.T goal | |
| what is a decision | A choice. |
| what are taxes | A small portion of your paycheck that pays to the federal and state government officials. |
| what is a paycheck | |
| What is a debit card | |
| What is a credit card | |
| what is a CD | |
| What is a checking account | |
| what is the rule of 72 | |
| what is a bear market | |
| what is a bull market | |
| what is a common stock | |
| what is a preferred stock | |
| What is credit | |
| What is a primary market | |
| What is a secondary market | |
| What is mobile banking | Banking on the go and not in the bank. |
| What is online banking | Banking from a mobile piece of technology. |
| What is a loan | |
| Who can give out a loan | |
| What is an ATM | Automated teller machine |
| What does PIN stand for | Personal identification number |
| What is Principle | Original amount of money |
| what is a late fee | An additional charge for being late on paying your credit back. |