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JA cccs
Term | Definition |
---|---|
Budget | Careful Plan for spending or saving money received within a certain amount of time. |
Consqeuqnces | The result of a decision |
Credit Card | A card that allows users to make purchases through a limited personal loan with the expectation that the money will be repaid on a later date. |
Credit Score | A standardized measurement of the potential to repay a debt. High credit score is better! |
Debt | Owing money on items of services purchased on credit. |
Gross Income | Total income before taxes have been deducted (taken out). |
Insurance | A contract that protects a person against loss, damage, or injury. |
Interest | A charge for a loan, usually a percentage of what is borrowed (lower is better). |
Net Income | Income after taxes have been deducted (your take-home pay). |
Policy | A written contract for insurance. |
Risk | The possibility of financial loss or harm. |
Self-Knowledge | The special qualities each person possesses, including their own skills, interests, and values. |
Values | A person's beliefs and ideals |
Skills | A person's talents or abilities |
World of Work | A classification of all jobs into one or more of the four categories: People, Data, Things, and Ideas. |