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EVERFI VOCAB EXAM REVIEW

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
bank   a place where people put their money for safekeeping, and for ease of use  
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budget   a spending plan people make in order to make sure there is enough income to cover all expenses  
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career   something you obtain by going to school and working jobs related to the work you want to do  
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charity   giving resources or volunteering time to help those in need  
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credit   a loan that a person uses to pay for things, but is expected to pay back  
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decision-making   considering different information to make a choice  
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entrepreneur   a person who starts his or her own business  
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goods   things that are made to be sold  
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health insurance   helps people pay for medicine and doctors when they are sick or hurt  
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inflation   the price of goods and services rises over time  
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job   work you do for money  
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long-term goal   a goal that can be achieved in a longer amount of time; it can take months, years, or even an entire lifetime  
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need   something you truly can-not live without  
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opportunity cost   the cost we pay when we give up something to get something else  
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peer pressure   doing stuff just because your friends are doing it, or because your friends told you to, because you want your friends to like you and think you are cool  
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privacy   keeping important information to yourself or between yourself and close family members  
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risk   an activity or action that might be dangerous  
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savings   money set aside for short- or long-term goal  
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short-term goal   a goal that can be achieved in a short amount of time; it may take a few days, weeks, or months  
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spend   to use money to buy stuff  
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taxes   fees placed on income, purchases, or property to support government programs  
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want   something you would like to have but will be okay without  
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income   money earned from working and other means  
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