Categories: F

An illegal act that occurs when people try to trick you out of your personal information and your money.

A fee your card provider charges when you use your prepaid card in a foreign country or to pay in a foreign currency. This fee is usually a percentage of your purchase, withdrawal, or other transaction, rather than a flat fee. This fee is also called a currency conversion fee. Not all cards can be … Read more

Expenses, like bills, that must be paid each month and generally cost the same amount. Some fixed expenses, like a utility bill, may also be variable because the amount changes each month depending on usage.

The ability to meet all financial needs, today and over time; feel secure in the financial future; absorb financial shock; and have the financial freedom to make choices to enjoy life.

Expenses that come up unexpectedly are very important and need attention right away.

The ability to manage financial resources effectively, understand and apply financial knowledge, demonstrate healthy money habits, and successfully complete financial tasks as planned.

The lowest national wage as established by law in the Fair Labor Standards Act (FLSA).

A law that requires taxes to be deducted from your pay to contribute to Social Security and Medicare; your employer contributes the same amount on your behalf.

The federal government collects taxes based on the earnings of individuals and businesses, called an income tax. The federal income tax pays for national programs such as defense, foreign affairs, law enforcement, and interest on the national debt.