(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.
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the time limit of a loan
term
document sent by your insurance company explaining what was paid and what you may owe.
EOB
this form is used to file your taxes each year.
1040 form
a number used to measure the risk of you not paying your debt
credit
score
a savings concept where you put money in savings before anything else is paid.
pay yourself first
When your investments are spread out to minimize risk
Diversification
someone who signs on a loan with you and takes on the risk of repayment if you don't pay it back
co-signer
transfers financial risk
insurance
the concept of 'money spent here can't be spent there'
opportunity cost
how quickly an asset can be converted to cash
liquidity
Assets - Debt =
Net Worth
the amount of federal income tax you actually pay
effective
rate
a card that pulls money directly from your checking account
debit card
a form of student aid that must be paid back
student loan
clothing, shelter, food, & transportation are all
Needs
social security and Medicare
FICA tax
what you earn before taxes and deductions
gross pay
a card that is using borrowed money that has to be paid back, typically with interest.
credit card
borrowing money with the intent to pay it back, typically with interest, at a later date
debt
interest on interest
Compound Interest
a resource of value that can be turned into cash
asset
an expense that changes each month
variable expense
a system where money from current workers pays the benefits for those who are eligible.
social security
a written plan for where you will spend your money
Budget
form that shows how much you made and what has been paid in taxes already
W-2
A type of retirement plan that you set up yourself
IRA
when you are responsible for paying a % of your medical bills
coinsurance
Must be filled out to get access to federal student aid
FAFSA
a debt instrument, issued by a government or company to raise money
bond