W-2form that showshow much youmade and whathas been paid intaxes alreadyFAFSAMust befilled out toget accessto federalstudent aidFICAtaxsocialsecurityandMedicareasseta resource ofvalue thatcan beturned intocash1040formthis form isused to fileyour taxeseach year.Budgeta writtenplan forwhere youwill spendyour moneysocialsecuritya system wheremoney fromcurrent workerspays the benefitsfor those who areeligible.variableexpense an expensethat changeseach montheffectiveratethe amountof federalincome taxyou actuallypayopportunitycostthe conceptof 'moneyspent herecan't bespent there'bonda debtinstrument,issued by agovernment orcompany toraise moneyNetWorthAssets- Debt=debitcarda card thatpulls moneydirectly fromyour checkingaccountstudentloana form ofstudent aidthat must bepaid backDiversificationWhen yourinvestmentsare spreadout tominimize riskEOBdocument sent byyour insurancecompany explainingwhat was paid andwhat you may owe.payyourselffirsta savingsconcept whereyou put moneyin savingsbefore anythingelse is paid.CompoundInterestinterestoninterestIRAA type ofretirementplan that youset upyourselfco-signersomeone whosigns on a loanwith you and takeson the risk ofrepayment if youdon't pay it backgrosspaywhat youearn beforetaxes anddeductionscreditscorea number usedto measure therisk of you notpaying yourdebtNeedsclothing,shelter, food,&transportationare allliquidityhow quicklyan asset canbe convertedto cashinsurancetransfersfinancialriskdebtborrowingmoney with theintent to pay itback, typicallywith interest, ata later datecreditcarda card that isusing borrowedmoney that hasto be paid back,typically withinterest.termthe timelimit of aloancoinsurancewhen you areresponsiblefor paying a% of yourmedical billsW-2form that showshow much youmade and whathas been paid intaxes alreadyFAFSAMust befilled out toget accessto federalstudent aidFICAtaxsocialsecurityandMedicareasseta resource ofvalue thatcan beturned intocash1040formthis form isused to fileyour taxeseach year.Budgeta writtenplan forwhere youwill spendyour moneysocialsecuritya system wheremoney fromcurrent workerspays the benefitsfor those who areeligible.variableexpense an expensethat changeseach montheffectiveratethe amountof federalincome taxyou actuallypayopportunitycostthe conceptof 'moneyspent herecan't bespent there'bonda debtinstrument,issued by agovernment orcompany toraise moneyNetWorthAssets- Debt=debitcarda card thatpulls moneydirectly fromyour checkingaccountstudentloana form ofstudent aidthat must bepaid backDiversificationWhen yourinvestmentsare spreadout tominimize riskEOBdocument sent byyour insurancecompany explainingwhat was paid andwhat you may owe.payyourselffirsta savingsconcept whereyou put moneyin savingsbefore anythingelse is paid.CompoundInterestinterestoninterestIRAA type ofretirementplan that youset upyourselfco-signersomeone whosigns on a loanwith you and takeson the risk ofrepayment if youdon't pay it backgrosspaywhat youearn beforetaxes anddeductionscreditscorea number usedto measure therisk of you notpaying yourdebtNeedsclothing,shelter, food,&transportationare allliquidityhow quicklyan asset canbe convertedto cashinsurancetransfersfinancialriskdebtborrowingmoney with theintent to pay itback, typicallywith interest, ata later datecreditcarda card that isusing borrowedmoney that hasto be paid back,typically withinterest.termthe timelimit of aloancoinsurancewhen you areresponsiblefor paying a% of yourmedical bills

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