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everfi

money

TermDefinition
assets what someones owns
bank where you keep you money safe
brokerage firm helps invest money
budget spending plan
carrer something you bulid by going to school
Certificate of deposit certificate that gains interest
charity volunteering time to help ones in need
comparison shopping you compare the price of an item before it went on sale to after
controlling risks things done to make risk less dangerous
credit only used when buying larger amounts of things
credit union just like a bank
decision making considering different things
entrapreneur one who starts his or her own business
expense the cost people spend on things
Financial advisor expert at handling money
Financial institution helps manage money
Financial literacy skills to manage money
health insurance helps pay medicial bills
Impulse buying buying things without thinking
income money earned from working
income tax annual tax placed on the money employees make
inflation price of goods
interest extra fee charged for borrowing money
investing to save up money
job where you work and get paid at
long-term goal a goal achieve in a long amount of time
need something you have to have
Opportunity cost cost you pay when you give up something
payment method a method you use to pay something
peer pressure when your friends try and pressure to do something
privacy when you keep something important to yourself
reliablity being trustworthly
risk something dangerous
risk prevention to stop something dangerous from happening
salary payment for work
sales tax a fee added to the price
savings money sat aside
savings account an account to help you save money
short-term goal a goal reached in a short amount of time
spend to buy something
taxes fees placed on income
wage payment by the hour
want something you don't need
Created by: tfarrar
 

 



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