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150 Personal Finance Terms You Must Know - APR, APY, Amortization, Escrow, Principal Practice Questions (2026)

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Full Question List

  1. Question 1

    What is APR (Annual Percentage Rate)?

  2. Question 2

    What is APY (Annual Percentage Yield)?

  3. Question 3

    What is the principal in a loan?

  4. Question 4

    What is amortization?

  5. Question 5

    What is escrow and when is it used?

  6. Question 6

    What is interest in borrowing?

  7. Question 7

    What is simple interest?

  8. Question 8

    What is compound interest?

  9. Question 9

    What is a credit score and its importance?

  10. Question 10

    What is debt-to-income ratio?

  11. Question 11

    What is a mortgage?

  12. Question 12

    What is an auto loan?

  13. Question 13

    What is a credit card?

  14. Question 14

    What is credit utilization?

  15. Question 15

    What is a down payment?

  16. How many did you know?

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  17. Question 16

    What is equity in a home?

  18. Question 17

    What is a fixed rate loan?

  19. Question 18

    What is a variable rate loan?

  20. Question 19

    What is an index fund?

  21. Question 20

    What is a mutual fund?

  22. Question 21

    What is a stock?

  23. Question 22

    What is a bond?

  24. Question 23

    What is a Roth IRA?

  25. Question 24

    What is a traditional IRA?

  26. Question 25

    What is a 401(k)?

  27. Question 26

    What is an emergency fund?

  28. Question 27

    What is budgeting?

  29. Question 28

    What is net worth?

  30. Question 29

    What is cash flow?

  31. Question 30

    What is inflation?

  32. How many did you know?

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  33. Question 31

    What is deflation?

  34. Question 32

    What is portfolio diversification?

  35. Question 33

    What is asset allocation?

  36. Question 34

    What is market risk?

  37. Question 35

    What is dollar-cost averaging?

  38. Question 36

    What is a deductible in insurance?

  39. Question 37

    What is a premium in insurance?

  40. Question 38

    What is term life insurance?

  41. Question 39

    What is whole life insurance?

  42. Question 40

    What is a disability insurance?

  43. Question 41

    What is homeowners insurance?

  44. Question 42

    What is auto insurance?

  45. Question 43

    What is health insurance?

  46. Question 44

    What is tax-deferred growth?

  47. Question 45

    What is a tax refund?

  48. How many did you know?

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  49. Question 46

    What is a deduction?

  50. Question 47

    What is a credit report?

  51. Question 48

    What is identity theft?

  52. Question 49

    What is a will?

  53. Question 50

    What is a power of attorney?

  54. Question 51

    What is a trust?

  55. Question 52

    What is bankruptcy?

  56. Question 53

    What is debt consolidation?

  57. Question 54

    What is debt settlement?

  58. Question 55

    What is a payday loan?

  59. Question 56

    What is a personal loan?

  60. Question 57

    What is a line of credit?

  61. Question 58

    What is a HELOC?

  62. Question 59

    What is a lease?

  63. Question 60

    What is rent?

  64. How many did you know?

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  65. Question 61

    What is a mortgage pre-approval?

  66. Question 62

    What is a closing cost?

  67. Question 63

    What is PMI insurance?

  68. Question 64

    What is a home inspection?

  69. Question 65

    What is an appraisal?

  70. Question 66

    What is property tax?

  71. Question 67

    What is HOA fees?

  72. Question 68

    What is a CD (Certificate of Deposit)?

  73. Question 69

    What is a savings account?

  74. Question 70

    What is a money market account?

  75. Question 71

    What is a checking account?

  76. Question 72

    What is a brokerage account?

  77. Question 73

    What is a yield?

  78. Question 74

    What is a dividend?

  79. Question 75

    What is a capital gain?

  80. How many did you know?

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  81. Question 76

    What is a capital loss?

  82. Question 77

    What is a bull market?

  83. Question 78

    What is a bear market?

  84. Question 79

    What is a recession?

  85. Question 80

    What is GDP (Gross Domestic Product)?

  86. Question 81

    What is unemployment rate?

  87. Question 82

    What is a 1099 form?

  88. Question 83

    What is a W-2 form?

  89. Question 84

    What is FICA tax?

  90. Question 85

    What is Social Security?

  91. Question 86

    What is Medicare?

  92. Question 87

    What is Medicaid?

  93. Question 88

    What is a financial advisor?

  94. Question 89

    What is financial planning?

  95. Question 90

    What is an expense ratio?

  96. How many did you know?

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  97. Question 91

    What is a 529 plan?

  98. Question 92

    What is a student loan?

  99. Question 93

    What is loan forgiveness?

  100. Question 94

    What is refinancing?

  101. Question 95

    What is a prepayment penalty?

  102. Question 96

    What is a grace period?

  103. Question 97

    What is late fees?

  104. Question 98

    What is over-limit fee?

  105. Question 99

    What is annual fee?

  106. Question 100

    What is a balance transfer?

  107. Question 101

    What is arbitrage?

  108. Question 102

    What is a hedge?

  109. Question 103

    What is leverage?

  110. Question 104

    What is margin?

  111. Question 105

    What is short selling?

  112. How many did you know?

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  113. Question 106

    What is an option?

  114. Question 107

    What is a derivative?

  115. Question 108

    What is a REIT?

  116. Question 109

    What is commodity trading?

  117. Question 110

    What is cryptocurrency?

  118. Question 111

    What is a blockchain?

  119. Question 112

    What is peer-to-peer lending?

  120. Question 113

    What is crowdfunding?

  121. Question 114

    What is a robo-advisor?

  122. Question 115

    What is passive income?

  123. Question 116

    What is active income?

  124. Question 117

    What is financial independence?

  125. Question 118

    What is FIRE (Financial Independence Retire Early)?

  126. Question 119

    What is the Rule of 72?

  127. Question 120

    What is net income?

  128. How many did you know?

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  129. Question 121

    What is gross income?

  130. Question 122

    What is EBITDA?

  131. Question 123

    What is cash reserve?

  132. Question 124

    What is an audit?

  133. Question 125

    What is expense tracking?

  134. Question 126

    What is financial literacy?

  135. Question 127

    What is financial wellness?

  136. Question 128

    What is money psychology?

  137. Question 129

    What is a financial goal?

  138. Question 130

    What is delayed gratification?

  139. Question 131

    What is wants versus needs?

  140. Question 132

    What is lifestyle inflation?

  141. Question 133

    What is frugality?

  142. Question 134

    What is coupon stacking?

  143. Question 135

    What is price comparison?

  144. How many did you know?

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  145. Question 136

    What is warranty?

  146. Question 137

    What is quality versus quantity?

  147. Question 138

    What is impulse buying?

  148. Question 139

    What is payment plan?

  149. Question 140

    What is layaway?

  150. Question 141

    What is subscriptions?

  151. Question 142

    What is car depreciation?

  152. Question 143

    What is total cost of ownership?

  153. Question 144

    What is time value of money?

  154. Question 145

    What is present value?

  155. Question 146

    What is future value?

  156. Question 147

    What is benchmarking?

  157. Question 148

    What is risk tolerance?

  158. Question 149

    What is volatility?

  159. Question 150

    What is financial security?

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