CompoundInterestinterestoninterestbonda debtinstrument,issued by agovernment orcompany toraise money1040formthis form isused to fileyour taxeseach year.Budgeta writtenplan forwhere youwill spendyour moneyasseta resource ofvalue thatcan beturned intocashliquidityhow quicklyan asset canbe convertedto cashDiversificationWhen yourinvestmentsare spreadout tominimize riskFICAtaxsocialsecurityandMedicaredebtborrowingmoney with theintent to pay itback, typicallywith interest, ata later datedebitcarda card thatpulls moneydirectly fromyour checkingaccountNeedsclothing,shelter, food,&transportationare alltermthe timelimit of aloanco-signersomeone whosigns on a loanwith you and takeson the risk ofrepayment if youdon't pay it backeffectiveratethe amountof federalincome taxyou actuallypaypayyourselffirsta savingsconcept whereyou put moneyin savingsbefore anythingelse is paid.grosspaywhat youearn beforetaxes anddeductionsEOBdocument sent byyour insurancecompany explainingwhat was paid andwhat you may owe.creditcarda card that isusing borrowedmoney that hasto be paid back,typically withinterest.opportunitycostthe conceptof 'moneyspent herecan't bespent there'insurancetransfersfinancialriskcoinsurancewhen you areresponsiblefor paying a% of yourmedical billsstudentloana form ofstudent aidthat must bepaid backFAFSAMust befilled out toget accessto federalstudent aidIRAA type ofretirementplan that youset upyourselfcreditscorea number usedto measure therisk of you notpaying yourdebtvariableexpense an expensethat changeseach monthW-2form that showshow much youmade and whathas been paid intaxes alreadysocialsecuritya system wheremoney fromcurrent workerspays the benefitsfor those who areeligible.NetWorthAssets- Debt=CompoundInterestinterestoninterestbonda debtinstrument,issued by agovernment orcompany toraise money1040formthis form isused to fileyour taxeseach year.Budgeta writtenplan forwhere youwill spendyour moneyasseta resource ofvalue thatcan beturned intocashliquidityhow quicklyan asset canbe convertedto cashDiversificationWhen yourinvestmentsare spreadout tominimize riskFICAtaxsocialsecurityandMedicaredebtborrowingmoney with theintent to pay itback, typicallywith interest, ata later datedebitcarda card thatpulls moneydirectly fromyour checkingaccountNeedsclothing,shelter, food,&transportationare alltermthe timelimit of aloanco-signersomeone whosigns on a loanwith you and takeson the risk ofrepayment if youdon't pay it backeffectiveratethe amountof federalincome taxyou actuallypaypayyourselffirsta savingsconcept whereyou put moneyin savingsbefore anythingelse is paid.grosspaywhat youearn beforetaxes anddeductionsEOBdocument sent byyour insurancecompany explainingwhat was paid andwhat you may owe.creditcarda card that isusing borrowedmoney that hasto be paid back,typically withinterest.opportunitycostthe conceptof 'moneyspent herecan't bespent there'insurancetransfersfinancialriskcoinsurancewhen you areresponsiblefor paying a% of yourmedical billsstudentloana form ofstudent aidthat must bepaid backFAFSAMust befilled out toget accessto federalstudent aidIRAA type ofretirementplan that youset upyourselfcreditscorea number usedto measure therisk of you notpaying yourdebtvariableexpense an expensethat changeseach monthW-2form that showshow much youmade and whathas been paid intaxes alreadysocialsecuritya system wheremoney fromcurrent workerspays the benefitsfor those who areeligible.NetWorthAssets- Debt=

Personal Finance Exam Review - Call List

(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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  1. interest on interest
    Compound Interest
  2. a debt instrument, issued by a government or company to raise money
    bond
  3. this form is used to file your taxes each year.
    1040 form
  4. a written plan for where you will spend your money
    Budget
  5. a resource of value that can be turned into cash
    asset
  6. how quickly an asset can be converted to cash
    liquidity
  7. When your investments are spread out to minimize risk
    Diversification
  8. social security and Medicare
    FICA tax
  9. borrowing money with the intent to pay it back, typically with interest, at a later date
    debt
  10. a card that pulls money directly from your checking account
    debit card
  11. clothing, shelter, food, & transportation are all
    Needs
  12. the time limit of a loan
    term
  13. someone who signs on a loan with you and takes on the risk of repayment if you don't pay it back
    co-signer
  14. the amount of federal income tax you actually pay
    effective rate
  15. a savings concept where you put money in savings before anything else is paid.
    pay yourself first
  16. what you earn before taxes and deductions
    gross pay
  17. document sent by your insurance company explaining what was paid and what you may owe.
    EOB
  18. a card that is using borrowed money that has to be paid back, typically with interest.
    credit card
  19. the concept of 'money spent here can't be spent there'
    opportunity cost
  20. transfers financial risk
    insurance
  21. when you are responsible for paying a % of your medical bills
    coinsurance
  22. a form of student aid that must be paid back
    student loan
  23. Must be filled out to get access to federal student aid
    FAFSA
  24. A type of retirement plan that you set up yourself
    IRA
  25. a number used to measure the risk of you not paying your debt
    credit score
  26. an expense that changes each month
    variable expense
  27. form that shows how much you made and what has been paid in taxes already
    W-2
  28. a system where money from current workers pays the benefits for those who are eligible.
    social security
  29. Assets - Debt =
    Net Worth