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1 - FM Test Ch 1-3
FM Chapters 1-3 Test Word & Definitions
| Term | Definition |
|---|---|
| Budget | a plan for using money to meet wants and needs |
| Networking | a way of making and using contacts to get job information and advice |
| Income | the money you receive from work or other things |
| Economy | the ways in which people make, distribute, and use their goods and services |
| Consumer | a person who purchases and uses goods or services |
| Money Management | planning how to get the most out of your money |
| Goals | things that you want to accomplish or do |
| Discretionary Money | the money left after you buy essentials |
| Wealth | abundance of valuable resources |
| Résumé | one or two page summary of your education and training |
| Take-Home Pay | the income left after taxes and other deductions are taken out of gross pay |
| Aptitudes | natural abilities people possess |