FAFSAMust befilled out toget accessto federalstudent aiddebtborrowingmoney with theintent to pay itback, typicallywith interest, ata later dategrosspaywhat youearn beforetaxes anddeductionscreditcarda card that isusing borrowedmoney that hasto be paid back,typically withinterest.socialsecuritya system wheremoney fromcurrent workerspays the benefitsfor those who areeligible.studentloana form ofstudent aidthat must bepaid backvariableexpense an expensethat changeseach monthliquidityhow quicklyan asset canbe convertedto cashIRAA type ofretirementplan that youset upyourselfFICAtaxsocialsecurityandMedicareCompoundInterestinterestoninterestW-2form that showshow much youmade and whathas been paid intaxes alreadybonda debtinstrument,issued by agovernment orcompany toraise moneyEOBdocument sent byyour insurancecompany explainingwhat was paid andwhat you may owe.debitcarda card thatpulls moneydirectly fromyour checkingaccountBudgeta writtenplan forwhere youwill spendyour moneyNeedsclothing,shelter, food,&transportationare alltermthe timelimit of aloanpayyourselffirsta savingsconcept whereyou put moneyin savingsbefore anythingelse is paid.NetWorthAssets- Debt=opportunitycostthe conceptof 'moneyspent herecan't bespent there'1040formthis form isused to fileyour taxeseach year.creditscorea number usedto measure therisk of you notpaying yourdebtinsurancetransfersfinancialriskDiversificationWhen yourinvestmentsare spreadout tominimize riskeffectiveratethe amountof federalincome taxyou actuallypaycoinsurancewhen you areresponsiblefor paying a% of yourmedical billsasseta resource ofvalue thatcan beturned intocashco-signersomeone whosigns on a loanwith you and takeson the risk ofrepayment if youdon't pay it backFAFSAMust befilled out toget accessto federalstudent aiddebtborrowingmoney with theintent to pay itback, typicallywith interest, ata later dategrosspaywhat youearn beforetaxes anddeductionscreditcarda card that isusing borrowedmoney that hasto be paid back,typically withinterest.socialsecuritya system wheremoney fromcurrent workerspays the benefitsfor those who areeligible.studentloana form ofstudent aidthat must bepaid backvariableexpense an expensethat changeseach monthliquidityhow quicklyan asset canbe convertedto cashIRAA type ofretirementplan that youset upyourselfFICAtaxsocialsecurityandMedicareCompoundInterestinterestoninterestW-2form that showshow much youmade and whathas been paid intaxes alreadybonda debtinstrument,issued by agovernment orcompany toraise moneyEOBdocument sent byyour insurancecompany explainingwhat was paid andwhat you may owe.debitcarda card thatpulls moneydirectly fromyour checkingaccountBudgeta writtenplan forwhere youwill spendyour moneyNeedsclothing,shelter, food,&transportationare alltermthe timelimit of aloanpayyourselffirsta savingsconcept whereyou put moneyin savingsbefore anythingelse is paid.NetWorthAssets- Debt=opportunitycostthe conceptof 'moneyspent herecan't bespent there'1040formthis form isused to fileyour taxeseach year.creditscorea number usedto measure therisk of you notpaying yourdebtinsurancetransfersfinancialriskDiversificationWhen yourinvestmentsare spreadout tominimize riskeffectiveratethe amountof federalincome taxyou actuallypaycoinsurancewhen you areresponsiblefor paying a% of yourmedical billsasseta resource ofvalue thatcan beturned intocashco-signersomeone whosigns on a loanwith you and takeson the risk ofrepayment if youdon't pay it back

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