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What I need to study.

Steps in financial planning process

Set SMART Goals, Analyze Information, Create A Plan, Implement A Plan, Monitor And Modify The Plan


A statement of an individual's annual wages and taxes provided by an employer that must be included with the employee's federal, state, and city income tax returns.


someone who grants a lease

Interest Formula

Principal x rate x time

Loan Origination Fee

A fee charged to the borrower by the lender for making a mortgage loan. The fee is usually computed as a percentage of the loan amount.

70-20-10 Rule

70% of the money can be spent, 20% should be saved, and 10% should be invested

Insurance Types

• Automobile insurance
• Credit insurance
• Homeowner's insurance and property insurance
• Health insurance
• Disability income insurance
• Life insurance
• Long-term care insurance

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