FAFSAMust befilled out toget accessto federalstudent aidbonda debtinstrument,issued by agovernment orcompany toraise money1040formthis form isused to fileyour taxeseach year.grosspaywhat youearn beforetaxes anddeductionspayyourselffirsta savingsconcept whereyou put moneyin savingsbefore anythingelse is paid.creditcarda card that isusing borrowedmoney that hasto be paid back,typically withinterest.effectiveratethe amountof federalincome taxyou actuallypayEOBdocument sent byyour insurancecompany explainingwhat was paid andwhat you may owe.W-2form that showshow much youmade and whathas been paid intaxes alreadytermthe timelimit of aloaninsurancetransfersfinancialriskco-signersomeone whosigns on a loanwith you and takeson the risk ofrepayment if youdon't pay it backBudgeta writtenplan forwhere youwill spendyour moneyopportunitycostthe conceptof 'moneyspent herecan't bespent there'creditscorea number usedto measure therisk of you notpaying yourdebtsocialsecuritya system wheremoney fromcurrent workerspays the benefitsfor those who areeligible.FICAtaxsocialsecurityandMedicareIRAA type ofretirementplan that youset upyourselfvariableexpense an expensethat changeseach monthcoinsurancewhen you areresponsiblefor paying a% of yourmedical billsasseta resource ofvalue thatcan beturned intocashdebtborrowingmoney with theintent to pay itback, typicallywith interest, ata later dateNeedsclothing,shelter, food,&transportationare allNetWorthAssets- Debt=liquidityhow quicklyan asset canbe convertedto cashstudentloana form ofstudent aidthat must bepaid backCompoundInterestinterestoninterestdebitcarda card thatpulls moneydirectly fromyour checkingaccountDiversificationWhen yourinvestmentsare spreadout tominimize riskFAFSAMust befilled out toget accessto federalstudent aidbonda debtinstrument,issued by agovernment orcompany toraise money1040formthis form isused to fileyour taxeseach year.grosspaywhat youearn beforetaxes anddeductionspayyourselffirsta savingsconcept whereyou put moneyin savingsbefore anythingelse is paid.creditcarda card that isusing borrowedmoney that hasto be paid back,typically withinterest.effectiveratethe amountof federalincome taxyou actuallypayEOBdocument sent byyour insurancecompany explainingwhat was paid andwhat you may owe.W-2form that showshow much youmade and whathas been paid intaxes alreadytermthe timelimit of aloaninsurancetransfersfinancialriskco-signersomeone whosigns on a loanwith you and takeson the risk ofrepayment if youdon't pay it backBudgeta writtenplan forwhere youwill spendyour moneyopportunitycostthe conceptof 'moneyspent herecan't bespent there'creditscorea number usedto measure therisk of you notpaying yourdebtsocialsecuritya system wheremoney fromcurrent workerspays the benefitsfor those who areeligible.FICAtaxsocialsecurityandMedicareIRAA type ofretirementplan that youset upyourselfvariableexpense an expensethat changeseach monthcoinsurancewhen you areresponsiblefor paying a% of yourmedical billsasseta resource ofvalue thatcan beturned intocashdebtborrowingmoney with theintent to pay itback, typicallywith interest, ata later dateNeedsclothing,shelter, food,&transportationare allNetWorthAssets- Debt=liquidityhow quicklyan asset canbe convertedto cashstudentloana form ofstudent aidthat must bepaid backCompoundInterestinterestoninterestdebitcarda card thatpulls moneydirectly fromyour checkingaccountDiversificationWhen yourinvestmentsare spreadout tominimize risk

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