Term | Definition |
budget | an itemized summary of probable expenditures and income for a given period. |
deficit | the amount by which expenditures exceed income. |
expenditure | an amount of money spent |
fixed expense | an unchanging expenditure |
flexible expense | an expenditure that varies |
income | money recieved |
savings | money that is not spent |
surplus | an amount of money remaining after all expenses have been met |
take-home pay | money received after all adjustments and deductions are made |
unexpected expence | an unforeseen cost |
abilities | natural or acquired skills or talents |
advancements | an effort one makes in bettering ones carrer |
apptitude | an inherent ability or talent |
benifets | entitlements such as health or life insurance |
carrer | a chosen proffesion |
career path | a planned progression of jobs within one or more professions throughout one working life |
cost of living | the average cost of life basic necessities |
cover letter | a letter you send with your resume |
education | going to school |
entry level | the begining |
job | work for payment |
resume | an account of ones work expirience |
salar | a fixed payment |
skills | proficiency gained through expireience |
standard of living | level of material comfort |
basic needs | things people cannot live without |
everyday living | what you experience on a typical day |
goals | things you hope to achieve |
health | the condition of your body and mind |
moderation | not too much or too little of something |
nutrition | obtained from food to keep us in good health |
opportunity cost | what is lost by choosing one option |
sendentary | sitting around a lot |
stress | mental and physical tension |
time as an investment | spending time wisely will pay off in the end |
time management | using your time wisely |
values | what is important to life |
land lord | who owns an apartment |
lease | a document that list the details for the renter |
location | the place where your apartment is. |
notice | the amount of time to let the landlord know if you wish to discontinue the lease |
rent | the amount you pay for an apartment |
security deposite | covers damage to an apartment |
tenant | the person renting the apartment |
term | the length of the rental agreement |
unit | one individual apartment |
utilities | makes an apartment function. |