Financial Literacy.

Financial Literacy.

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  • Benefits of insurance can be when you get into a car crash and get hurt, if you have to pay alot of money, the insurance can make it go lower. 
  • I have insurance, so now it is $3,000.
  • The car accident pay will be $5,000.
  • A budget is that amount of money you can spend on something.
  • 500,000
  • My budget is $400,000, but this is $500,000, to much!
  • A credit score is an amount of measuring money you have spent to pay back your debt.
  • A debit is the amount of money that was deducted from your bank account.
  • You went from $400,000 $300,000 in your bank account. 
  • An income is the amount of money you earn for work or investments.
  • An example of investing is when you gain money for a profit. 
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