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Stack #4632353

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401(k) retirement savings investment with deferred taxes until the money is withdrawn later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 prepare or save for education
Budget spending and saving plan
Certificate of deposit long term interest-bearing investment offered by banking institutions
Check a written order to the bank to take money from your account
Checking account: a services provided by banking to allow you to deposit and withdraw money
Check book register space to track your checking account deposits and withdraws
Compounding interest the interest that is calculated on the balance, additional deposits, and interest earned.
Credit card debt the amount you owe on credit cards
Debit card cards that allow for immediate deductions from a checking account
FDIC federal insurance designed to protect your money
Financial plan a blueprint containing your personal goals, timeline for reaching your goals
Fixed expense expenses that are the same amount each month
Income the amount of money you earn
Insurance coverage you can purchase to provide reimbursement
Investment putting money into something
IRA overall term for a retirement plan
Needs something that is necessary to your life
Online banking option for paying your bills over the internet
Savings account a banking account on which you earn compounding interest
Stocks shares in a company
Tax shelter investments designed to reduce the amount of your taxable income.
Variable expense expanse that may be different amounts each month.
Wants something you desire, demand, or would like to have
Created by: user-1908766
 

 



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