Personal Finance Flashcards

Terms Definitions
Compounding
Earning interest on interest
Discounting
present value calculations
lemon laws
Protect you from faulty goods.
Variable expenses
DeficitsSurplus
dividend income
from stocks
Interest income
comes from banks
Pros of Mutual Fund
Diversification
What is in your Credit files
namesaddressSS#birthdate 
FICO
not on a credit report
What is income?
Any money you receive.
bonds make you
interest
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