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JA cccs

TermDefinition
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.
Created by: kmccormick99
 

 



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