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1 - FM Test Ch 1-3

FM Chapters 1-3 Test Word & Definitions

TermDefinition
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
Created by: AlexPearsall