The yearly interest rate charged on outstanding credit card balances. You'll find this on every credit card statement
Interest calculated on both the principal and the accrued interest. Albert Einstein called this '...the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”
Analyzing whether the cost of an item is more than, equal to, or less than the benefit that comes from its purchase. This is exactly what it sounds like.
A number representing a person’s creditworthiness, based on past credit and payment history. You'll need a good one to apply for loans.
A card that allows consumers to make purchases using money from their checking account. Careful, if you use this too much you'll be at zero in your bank account before you know it.
The amount an insured person must pay for services before the insurance provider begins to cover costs. You have to pay these off before you cash out.
The amount a consumer pays up front for something on the day of the purchase. If you pay a high enough amount of this, you can lower your monthly payments.
Someone who owns or operates his or her own business. Be your own boss!
The sum of all earnings by an employee that are eligible for a specific taxation. You pay these so that the country can run.
The concept that sometimes it is worth taking on certain types of debt in order to generate income in the long run. Common examples include college education debt and real estate. Sometimes you have to spend money to make money over time.
The time a borrower is allowed after a payment is due to make that payment without adding to the interest owed. No bills during this time but you should still pay some off.
The total amount of money an individual has earned before taxes are taken out The number you see on your paycheck before taxes eat some.
Tax levied by a government directly on personal income. This all depends on how much you make.
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