177 cards
This deck introduces the foundational vocabulary and concepts behind borrowing money, from simple interest and compound interest to the structure of mortgages and amortization schedules. You'll work through definitions of key terms like principal, APR, APY, and amortization, building a clear picture of how lenders and borrowers think about the cost of a loan over time.
It's a great starting point if you're new to personal finance, preparing to take out your first loan or mortgage, or simply want to understand the language used in lending. The cards move from very basic questions toward more nuanced comparisons, so you can build confidence step by step even if you have no prior background.
Because several of these terms sound similar — especially APR versus APY — try to answer each card in your own words before flipping, rather than just recognizing the right phrase. Spacing your review across a few short sessions rather than cramming will help the distinctions stick, since amortization and interest concepts build on one another throughout the deck.