Exam (elaborations)
Ramsey Test Questions And Answers With Verified Study Solutions
- Course
- Institution
Ramsey Test Questions And Answers With Verified Study Solutions
[Show more]
Content preview
Ramsey Test Questions And Answers With VerifiedStudy Solutions
Personal finance ANS all the financial decisions an individual or family must make in order to
earn, budget, save, spend, and give money over time
Consumer ANS a person or organization that uses a product or service
Debt ANS money owned to another person or company
Paycheck to paycheck ANS an expression used to describe a person or household whose monthly
income is devoted to expenses and has little to no savings
Credit ANS the granting of a loan and the creation of debt: any form of deferred payment
Interest rate ANS the percentage of principal charged by the lender for use of its money
Loan shark ANS person or entity that charges borrowers interest rates above an established legal
rate
Interest ANS the additional cost a lender charges for borrowing their money
Financial plan ANS a play of action that allows a person to meet not only their immediate needs
but also their long term goals
Net worth ANS the amount by which the value of a person's assets exceeds or falls behind the
value of their liabilities
Asset ANS anything that is owned by an individual, including money in the bank
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Labtech. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now