The quantity of a good or service that consumers are willing to buy at a given price.

The quantity of a good or service a producer is willing to produce at different prices.

Compares the cash balance to its bank statement.

The act of leaving one's job and ceasing to work.

Advance a sum of money to the borrower. In return, the borrower agrees to a particular set of terms, including any finance charges, interest, repayment date, and other conditions.

Are known as lenders, persons, businesses, and service providers.

Ability to purchase goods and services; acquire (something) by paying for it; buy.

An organization or business that provides types of financial services to customers and deals with various monetary transactions that include cash deposits, loans, raising capital, and exchanging securities.

Is money's potential to grow in value over time. The relationship between time, money, a rate of return, and earnings growth.

When all deductions are taken out of gross pay.

Cards are issued in association with checking or savings accounts that allow point-of-sale purchases that are deducted from bank balances and ATM withdrawals.

Is the yearly interest rate on a card.

Is when money is given to another party to repay the principal loan amount plus interest. They are agreed upon before any money is exchanged.

Are products you can see and touch.

A plan for making and spending money.

The amount subtracted from your gross pay.

A practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for a premium payment.

Activities that are consumed as they are produced.

This is a required payment by a taxpayer mandated by the government.

When an individual puts money into an account, the bank offers its consumers interest rates.

The process of setting money aside to increase wealth over time for long-term financial goals.

Is offered by a financial institution that lets you store your money securely while earning interest.

This is the amount of money the credit card company will charge you unless you pay off your balance each month.

Is a general term that describes all investors' transactions involving the buying and selling stock shares issued by a company.

Are credit that comes with a card you can borrow on an ongoing basis; it has interest rates, a spending limit, and monthly payments.

Are things that are required for you to survive, and needs are essential

Wealth in the form of money or other assets owned by a person after deducting your debts.

Is money that a person or a business receives in return for working, providing a product or service, or investing capital.

An account at a financial institution that allows for withdrawals and deposits.

These are things that you do not have to have to survive but you would like to have.

Is a number ranging from 300-850 that represents your creditworthiness to lenders.

The total amount you earn before deductions are subtracted.

Health insurance, retirement, flexible spending, dental insurance, life insurance, eye insurance, union fees are optional deductions from your paycheck.

Social Security and Medicare are examples of government programs that provide insurance against loss of income and benefits to eligible recipients are also known as FICA.

The most common form of reporting income is a W-2 form.

You can write checks without having money in a checking account.

Financial institutions exist to solve the problem of making money available to the people and businesses who need it.

Banks profit from the difference in interest rates paid on deposits and charged on loans and collecting fees for services.

To use credit, you first must qualify; to qualify, the bank needs to be assured that you can make your payments and pay off your debt.

Credit is an excellent tool if used wisely; if used poorly, it can have an extreme and damaging effect on your personal finances and life.

Credit statement is a report about your credit activity and credit situation, such as loan history and status of your credit accounts.

Spending is essential when it comes to personal finances, but before you can spend money, you need to create a budget; that way, you can maintain practical and reachable financial goals.

To be financially savvy, you always want to ensure your income is always higher than your expenses.

When it comes to personal finance, you don’t need to understand economic wants and needs.

Needs and Wants drive not only society but you when it comes to prioritizing your spending, budget, and financial goals.

An essential skill when it comes to spending and buying goods and services is comparison shopping practices.

Supply and demand theory defines how the relationship between the availability of a particular product and the desire (or demand) for that product affects the price of the product.

Consumers will answer what goods and services are being produced, how they will be produced, and to whom.

Retirement and Insurance play a huge role in financial planning as wealth-building and preservation tools.

A financial Planner recommends saving at least 30% of your monthly net income.

Keep in mind that it’s essential to understand the power of compounding and the importance of starting early in implementing a saving and investing plan.

The age of 62 is when a person is able to get full social security benefits.

Medlinas 1040 is basically complete.. does she recieve a refund or does she owe?

How much should Melinda be refunded or owe?

Based on the account register print out, What is the FINAL balance?

Ginny makes $2,500 a month based on the 50/30/20 rule how much of her monthly income can go to "needs"?

Eduardo makes $3,500 a month and 35% of that goes toward housing. How much a month does Eduardo spend on housing?