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vocab 7

QuestionAnswer
401(k) retirement savings investment with deferred taxes until the money is withdrawn later
529 plan an educational investment account designed to help you prepay tuition or save education
.budge a spending and saving plan
certificate of depositor short or long term ,interest
check a written order to the bank to take money from your account to pay a person or business
Checking account a service provided by bank institutions to allow you to deposit and withdraw money
checkbook register space to track your account deposits and withdrawals
Compounding interest interest that is calculated on the balance ,additional deposits and interest earned
credit card debt the amount you owe on a credit cards that you cannot pay
Debit card cards that allow for immediate deductions from checking accounts
FDIC federal insurances designed to keep your money safe
financial plan a blue print containing your personal goals
fixed expense expenses that are the same amount each month
income the amount of money you earn
insurances coverage you can perches to provide reimbursement
investment putting money into something with an exemption of fanciful gain
IRA overall term for a retirement plan
needs something that is a necessity
online banking optician for paying your bills over the internet
savings account a bank account on wich you earn compounding interest
stocks shares in a company
tax shelter investments designed to reduce the amount of your taxable income
variable expences expenses that may be different amounts each mouth
wants something you desire ,demand, or would like to have
Created by: user-1881807
 

 



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