| A | B |
|---|
| Share | Piece of a company that you purchase and own |
| APR | Annual Percentage Rate |
| Budget | A plan for spending and saving weighing income and expenses |
| Poor credit score | Results in higher APR |
| Stock Broker | Person buying/selling shares for the investor |
| Financially Responsible | Wise use of money; living within your means; spending less than you make |
| Cost Comparison | Comparing the costs of two or more goods or services |
| Interest | Fees (percentage) for money lent |
| Investing | Process where you put money into something with the intent of it growing |
| Debit | Payment method directly linked to your bank account |
| Investing Example | Purchasing stock shares |
| Liability | Portion of car insurance that pays for harm to another person |
| Savings | Putting money aside; income not spent |
| 30% Rule | You shouldn't spend more than 30% of gross income for rent/housing |
| Pitfalls of credit cards | Overspending; late fees; debt; poor credit score |
| Responsible use of credit | Pay monthly bill on time; Use periodically for small purchases and pay off; Don't carry a balance |
| Wants vs. Needs | Essential for applying financial responsibility |
| Uninsured motorist coverage | Pays for injuries, medical expenses resulting from an accident caused by an uninsured driver |
| Ways to reduce rental costs | Roommates; 30% rule; reconsider location |
| Stock Market | Where |
