Unit Two Flashcards

0
Q

Opposite of debt culture, save until you can purchase

A

Fund Approach

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1
Q

Pledged as security for repayment of a loan, to be forfeited in the event of a default

A

Collateral

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2
Q

Has greater influence when paying with cash

A

Haggle

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3
Q

Number assigned to a person that indicates to lenders their capacity to repay a loan

A

Credit Score

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4
Q

Investment opportunity with publicity held corporations

A

Stock Market

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5
Q

Interest added to the deposit so that the interest also earns interest

A

Compound Interest

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6
Q

Not necessary

A

Credit Card

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7
Q

Adults who return to live with their parents due to debt

A

Boomerang Kids

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8
Q

The benefits of a given situation are analyzed as associated with the sum needed

A

Cost Analysis

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9
Q

Blesses or Wrecks the relationship

A

Relatives and Money

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10
Q

Either self esteem or safety

A

Money and Gender Patterns

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11
Q

College (plus) family, work, church, volunteerism, friends

A

Time Poverty

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12
Q

Rationalized due to being over worked

A

Impulse Buying

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13
Q

Deficit in a bank account caused by drawing more money that the account holds

A

Overdraft

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14
Q

Usually older with money management skills, gives objective advice

A

Accountability Partner

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