Unit Two Flashcards
Opposite of debt culture, save until you can purchase
Fund Approach
Pledged as security for repayment of a loan, to be forfeited in the event of a default
Collateral
Has greater influence when paying with cash
Haggle
Number assigned to a person that indicates to lenders their capacity to repay a loan
Credit Score
Investment opportunity with publicity held corporations
Stock Market
Interest added to the deposit so that the interest also earns interest
Compound Interest
Not necessary
Credit Card
Adults who return to live with their parents due to debt
Boomerang Kids
The benefits of a given situation are analyzed as associated with the sum needed
Cost Analysis
Blesses or Wrecks the relationship
Relatives and Money
Either self esteem or safety
Money and Gender Patterns
College (plus) family, work, church, volunteerism, friends
Time Poverty
Rationalized due to being over worked
Impulse Buying
Deficit in a bank account caused by drawing more money that the account holds
Overdraft
Usually older with money management skills, gives objective advice
Accountability Partner