Friday, May 17, 2024, 8:16 AM
Site: Financial Beginnings
Course: Financial Beginnings (Home)
Glossary: Module Resources
G

GOALS

Personal objectives you set for how you’ll save your money.

GROSS PAY

An individual’s total earnings throughout a given period before any deductions, like taxes or benefits, are made.
H

HEALTH INSURANCE

Pays for medical treatment for injury or sickness.

HEALTHCARE.GOV


Healthcare.gov website


This site provides information on your state's status with a health insurance Consumer Assistance Program, overview of your legal rights, and information on health insurance enrollment.

HOMEOWNERS/RENTERS INSURANCE

Provides coverage for losses due to damage or destruction to your home or rental.

HYPOTHETICAL

Supposed but not necessarily real or true.

I

INCOME

Money received or earned, especially on a regular basis, for work or through investments.

INFLATION

Sustained increase in the price of goods and services in an economy over a period
of time.

INSTALLMENT LOAN

An installment loan is a loan that has a set amount and loan term.

INTEREST

The cost of borrowing funds.