WISE REVIEW || with Errorless Answers.
When your budget amount moves either up or down what is that called? correct answers
Variance
When you do not budget enough money for your bills, what is this known as? correct answers
Deficit
What is the states Assets minus liabilities equals what? correct answers Net Worth
What is the theory that a dollar today is worth more than one tomorrow? correct answers Time
Value of Money
To understand where your money is going you should first create a what? correct answers
Budget
When you sign a check that anyone can cash, this is known as what? correct answers Blank
Endorsement
What is another name for debt? correct answers Liability
What are bills that stay the same each month? correct answers Fixed
What is your pre-tax pay called? correct answers Gross Pay
What is your post tax pay called? correct answers Net Pay
Who is responsible for collecting taxes for the Federal government? correct answers IRS/U.S
Treasury
, When your bills are not the same each month that is known as what? correct answers Variable
What does the S stand for in SMART budgeting correct answers Specific
If your budget doesn't work what do you think you need to do? correct answers Adjust it
What does the government take from people to pay for military, roads, and schools? correct
answers Taxes
What organization helps before you have to go bankrupt? correct answers Consumer Credit
Counseling Service, CCCS
What is the cheapest life insurance that has no cash value? correct answers Term Life Insurance
What is it called when you have to pay the first $1,000 of the cost of a car accident? correct
answers Deductible
What is your insurance payment called? correct answers Premium
What is an example of permanent life insurance policy that has cash value? correct answers
Whole Life
When you want to put extra insurance on your nicer thing what kind of insurance would you
buy? correct answers Personal Property Floater
If you live in an apartment what property insurance are you likely to have? correct answers
Renters Insurance
When your budget amount moves either up or down what is that called? correct answers
Variance
When you do not budget enough money for your bills, what is this known as? correct answers
Deficit
What is the states Assets minus liabilities equals what? correct answers Net Worth
What is the theory that a dollar today is worth more than one tomorrow? correct answers Time
Value of Money
To understand where your money is going you should first create a what? correct answers
Budget
When you sign a check that anyone can cash, this is known as what? correct answers Blank
Endorsement
What is another name for debt? correct answers Liability
What are bills that stay the same each month? correct answers Fixed
What is your pre-tax pay called? correct answers Gross Pay
What is your post tax pay called? correct answers Net Pay
Who is responsible for collecting taxes for the Federal government? correct answers IRS/U.S
Treasury
, When your bills are not the same each month that is known as what? correct answers Variable
What does the S stand for in SMART budgeting correct answers Specific
If your budget doesn't work what do you think you need to do? correct answers Adjust it
What does the government take from people to pay for military, roads, and schools? correct
answers Taxes
What organization helps before you have to go bankrupt? correct answers Consumer Credit
Counseling Service, CCCS
What is the cheapest life insurance that has no cash value? correct answers Term Life Insurance
What is it called when you have to pay the first $1,000 of the cost of a car accident? correct
answers Deductible
What is your insurance payment called? correct answers Premium
What is an example of permanent life insurance policy that has cash value? correct answers
Whole Life
When you want to put extra insurance on your nicer thing what kind of insurance would you
buy? correct answers Personal Property Floater
If you live in an apartment what property insurance are you likely to have? correct answers
Renters Insurance
