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Per. Fin. - Ch. 2

Personal Finance - Chapter 2 Terms - Finances and Career Planning

QuestionAnswer
Work that you do mainly to earn money. job
A commitment to work in a field that you find interesting and fulfilling. career
A measure of quality of life based on the amounts and kinds of goods and services a person can buy. standard of living
Developments that mark changes in a particular area. trends
The amount of money you may earn over time. potential earning power
The natural abilities that people possess. aptitudes
Tests that help identify activities that you enjoy the most. interest inventories
Tendencies of people grouped by age, gender, ethnicity, education, or income that change over time. demographic trends
Tendencies of people moving from one area of the country to another as financial centers shift location. geographic trends
Businesses that provide services for a fee. service industries
A position in which a person receives training by working with people who are experienced in a particular field. internship
A program that allows students to enhance classroom learning with part-time work related to their majors and interests. cooperative education
A way of making and using contacts to get job information and advice. networking
A meeting with someone who works in your area of interest who can provide you with practical information about the carer or company you are considering. informational interview
A one or two page summary of your education, training, experience, and qualifications. resume
The personal letter that you present along with your resume. cover letter
Programs that allow workers to choose the benefits that best meet their personal needs. cafeteria-style employee benefits
A retirement plan that is funded at least in part by an employer. pension plan
An experienced employee who serves as a teacher and counslor for a less-experienced person. mentor
Created by: 1125234467