click below
click below
Normal Size Small Size show me how
everfi
| Term | Definition |
|---|---|
| assets | what a person owns of value, such as jewelry, savings, art, a home, and a car |
| bank | a place where people put their money for safekeeping, and for ease of use |
| brokerage firm | helps people invest their money |
| budget | a spending plan people make in order to make sure there is enough income to cover all expenses |
| career | something you build by going to school and working jobs related to the career you want |
| certificate of deposit | a savings certificate that gains interest and has a set time before you can withdraw your money |
| charity | giving resources or volunteering time to help those in need |
| comparison shopping | finding out whether or not what you are about to buy can be found for a better price or in better shape at a different store |
| controlling risks | stuff you do to make risks less dangerous or not dangerous at all |
| credit | a loan that a person uses to pay for things, but is expected to pay back |
| credit union | just like a bank, only its members own it |
| decision making | considering different information to make a choice |
| entrepreneur | a person who starts his or her own business |
| expence | the cost of the things that people spend money on |
| financial advisor | a person who is an expert at handling money and can give you information and advice about saving and investing |
| financial institution | a place, like a bank, that helps its members manage their money |