Budgeta writtenplan forwhere youwill spendyour moneyvariableexpense an expensethat changeseach monthEOBdocument sent byyour insurancecompany explainingwhat was paid andwhat you may owe.payyourselffirsta 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 backcreditcarda card that isusing borrowedmoney that hasto be paid back,typically withinterest.liquidityhow quicklyan asset canbe convertedto cashgrosspaywhat youearn beforetaxes anddeductionstermthe timelimit of aloanIRAA type ofretirementplan that youset upyourselfsocialsecuritya system wheremoney fromcurrent workerspays the benefitsfor those who areeligible.debitcarda card thatpulls moneydirectly fromyour checkingaccountbonda debtinstrument,issued by agovernment orcompany toraise moneyasseta resource ofvalue thatcan beturned intocasheffectiveratethe amountof federalincome taxyou actuallypaycoinsurancewhen you areresponsiblefor paying a% of yourmedical billsFICAtaxsocialsecurityandMedicareFAFSAMust befilled out toget accessto federalstudent aidDiversificationWhen yourinvestmentsare spreadout tominimize riskopportunitycostthe conceptof 'moneyspent herecan't bespent there'W-2form that showshow much youmade and whathas been paid intaxes alreadyNetWorthAssets- Debt=insurancetransfersfinancialriskNeedsclothing,shelter, food,&transportationare alldebtborrowingmoney with theintent to pay itback, typicallywith interest, ata later date1040formthis form isused to fileyour taxeseach year.CompoundInterestinterestonintereststudentloana form ofstudent aidthat must bepaid backcreditscorea number usedto measure therisk of you notpaying yourdebtBudgeta writtenplan forwhere youwill spendyour moneyvariableexpense an expensethat changeseach monthEOBdocument sent byyour insurancecompany explainingwhat was paid andwhat you may owe.payyourselffirsta 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 backcreditcarda card that isusing borrowedmoney that hasto be paid back,typically withinterest.liquidityhow quicklyan asset canbe convertedto cashgrosspaywhat youearn beforetaxes anddeductionstermthe timelimit of aloanIRAA type ofretirementplan that youset upyourselfsocialsecuritya system wheremoney fromcurrent workerspays the benefitsfor those who areeligible.debitcarda card thatpulls moneydirectly fromyour checkingaccountbonda debtinstrument,issued by agovernment orcompany toraise moneyasseta resource ofvalue thatcan beturned intocasheffectiveratethe amountof federalincome taxyou actuallypaycoinsurancewhen you areresponsiblefor paying a% of yourmedical billsFICAtaxsocialsecurityandMedicareFAFSAMust befilled out toget accessto federalstudent aidDiversificationWhen yourinvestmentsare spreadout tominimize riskopportunitycostthe conceptof 'moneyspent herecan't bespent there'W-2form that showshow much youmade and whathas been paid intaxes alreadyNetWorthAssets- Debt=insurancetransfersfinancialriskNeedsclothing,shelter, food,&transportationare alldebtborrowingmoney with theintent to pay itback, typicallywith interest, ata later date1040formthis form isused to fileyour taxeseach year.CompoundInterestinterestonintereststudentloana form ofstudent aidthat must bepaid backcreditscorea number usedto measure therisk of you notpaying yourdebt

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