opportunitycostthe conceptof 'moneyspent herecan't bespent there'NetWorthAssets- Debt=EOBdocument sent byyour insurancecompany explainingwhat was paid andwhat you may owe.Budgeta writtenplan forwhere youwill spendyour moneyCompoundInterestinterestoninterestcoinsurancewhen you areresponsiblefor paying a% of yourmedical billscreditscorea number usedto measure therisk of you notpaying yourdebtbonda debtinstrument,issued by agovernment orcompany toraise moneycreditcarda card that isusing borrowedmoney that hasto be paid back,typically withinterest.liquidityhow quicklyan asset canbe convertedto cashasseta resource ofvalue thatcan beturned intocash1040formthis form isused to fileyour taxeseach year.grosspaywhat youearn beforetaxes anddeductionsFAFSAMust befilled out toget accessto federalstudent aidNeedsclothing,shelter, food,&transportationare allinsurancetransfersfinancialriskdebitcarda card thatpulls moneydirectly fromyour checkingaccounttermthe timelimit of aloanDiversificationWhen yourinvestmentsare spreadout tominimize riskdebtborrowingmoney with theintent to pay itback, typicallywith interest, ata later dateW-2form that showshow much youmade and whathas been paid intaxes alreadyvariableexpense an expensethat changeseach monthpayyourselffirsta savingsconcept whereyou put moneyin savingsbefore anythingelse is paid.co-signersomeone whosigns on a loanwith you and takeson the risk ofrepayment if youdon't pay it backsocialsecuritya system wheremoney fromcurrent workerspays the benefitsfor those who areeligible.FICAtaxsocialsecurityandMedicareeffectiveratethe amountof federalincome taxyou actuallypaystudentloana form ofstudent aidthat must bepaid backIRAA type ofretirementplan that youset upyourselfopportunitycostthe conceptof 'moneyspent herecan't bespent there'NetWorthAssets- Debt=EOBdocument sent byyour insurancecompany explainingwhat was paid andwhat you may owe.Budgeta writtenplan forwhere youwill spendyour moneyCompoundInterestinterestoninterestcoinsurancewhen you areresponsiblefor paying a% of yourmedical billscreditscorea number usedto measure therisk of you notpaying yourdebtbonda debtinstrument,issued by agovernment orcompany toraise moneycreditcarda card that isusing borrowedmoney that hasto be paid back,typically withinterest.liquidityhow quicklyan asset canbe convertedto cashasseta resource ofvalue thatcan beturned intocash1040formthis form isused to fileyour taxeseach year.grosspaywhat youearn beforetaxes anddeductionsFAFSAMust befilled out toget accessto federalstudent aidNeedsclothing,shelter, food,&transportationare allinsurancetransfersfinancialriskdebitcarda card thatpulls moneydirectly fromyour checkingaccounttermthe timelimit of aloanDiversificationWhen yourinvestmentsare spreadout tominimize riskdebtborrowingmoney with theintent to pay itback, typicallywith interest, ata later dateW-2form that showshow much youmade and whathas been paid intaxes alreadyvariableexpense an expensethat changeseach monthpayyourselffirsta savingsconcept whereyou put moneyin savingsbefore anythingelse is paid.co-signersomeone whosigns on a loanwith you and takeson the risk ofrepayment if youdon't pay it backsocialsecuritya system wheremoney fromcurrent workerspays the benefitsfor those who areeligible.FICAtaxsocialsecurityandMedicareeffectiveratethe amountof federalincome taxyou actuallypaystudentloana form ofstudent aidthat must bepaid backIRAA type ofretirementplan that youset upyourself

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.


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