1. W!SE Financial Literacy Exam
The test will be on Wednesday, June questions , 60% is passing
There are FOUR subject areas covered:
Money/Money Management/Personal Finance B. Banks & Banking
Credit D. Insurance & Investing
This will count as your Final Exam (10% of your overall grade.)
Moneypower.org has many practice tests
CASE SENSITIVE Login: Shs360 Password: hS3420
Why study for this? 1. Board of Ed. is paying for it Certifications matter when seeking employment
3. it is your final exam Do not let opportunities pass you by
EXTRA CREDIT: ATTEND STUDY SESSION 2:59 to 3:45 everyday starting Tuesday 5/17
5/16
W!SE practice
moneypower.org
5/17
W!SE Review
Subject A
5/18
5/19
Subject B
5/20
5/23
Subject C
5/24
5/25
IES Field Trip?
5/26
Subject D
5/27
W!SE Review Subject D
5/30
NO CLASSES
Memorial Day
5/31
Final W!SE REVIEW
6/1
*W!SE TEST
6/2
*W!SE Make-up
6/3

2. A - Money / Money Management / Personal Financial Planning
Barter
Garnishment
Gross vs. Net Pay
Inflation
Social Security Tax (FICA)
Windfall Income
Compound Interest
Principal
Simple Interest
Rule of 72
Time Value of Money
401k , 403b
Mortgage ( Fixed vs. Adjustable)
Equity
Consumer Price Index (CPI)
Asset
Liability
Net worth
Pension
Real Estate
IRA
Budget
Deficit
Emergency Fund
Fixed Expense
Short, Intermediary, and Long-term goal
Needs vs. Wants
Opportunity Cost
Pay yourself first rule
Variable Expense
SEC
Helpful websites:
Junior Achievement
Federal Reserve Bank

3. B - Banks & Banking
S & L Bank
Brokerage /Securities
U.S. Savings Bond ( EE HH)
Safe Deposit Box
U.S. Treasury Department
Federal Reserve Bank
Bounced Check
Cashier’s Check
Credit Union
Accountant
Banker
Collateralized Loan
Commercial Bank
Money Order
Reconcile
 FDIC
IRS
Helpful websites:

4. C - Credit Helpful websites : www.consumerjungle.org 3 C’s of credit
APR
Bankruptcy Chapters 7,11, 13
Consumer Credit Counseling Services
Collateral
FICO Score
Credit Reporting Agencies
Revolving Credit
Installment Credit
Truth in Lending Act
Fair Debt Collection Practices Act
Repossession
Predatory Lending
Default
Lien
Payday Loans
Finance Charge
Helpful websites :

5. D - Insurance & Investing
Deductible
Beneficiary
Cash Value
Claim
Death Benefit
Disability Insurance
Securities
Stock (Growth, Income, common, preferred)
Treasury Bill (T-Bill)
Treasury Note (T-Note)
Risk
Whole vs. Term Life Insurance
Renters Insurance
Rider / Floater
Bull vs. Bear Market
Blue Chip Stock
Bond
Capital Gain
Diversification
Return on Investment (ROI)
Homeowners Insurance
Insurance
Premium
Broker
Financial Planner
Dividend
Dow Jones
Liquidity
Mutual Fund
NASDAQ
S & P 500
Helpful websites: Insurance Information Institute