Career Kickstart
A short document summarizing your education, work experience, and skills.
What is a Resume?
A card that lets you spend money directly from your checking account.
What is a Debit Card?
The original amount of money you deposit or borrow before interest is added.
What is Principal?
Land and any buildings on it, such as a house or an apartment building.
What is Real Estate?
A series of equal payments made at regular intervals (like monthly or yearly).
What is an Annuity?
A letter sent with your resume to introduce yourself and explain why you're a good fit.
What is a Cover Letter?
Managing your money using a computer or phone instead of visiting a physical bank.
What is Electronic Banking?
The "price" paid for using someone else’s money, or the reward for saving.
What is Interest?
A specific type of loan used to buy a home or real estate.
What is a Mortgage?
A certificate issued by a government or company promising to pay back a loan with interest.
What is a Bond?
Something you do just to earn money, versus a long-term profession with growth.
What is Job vs. Career?
When someone steals your personal info (like your SSN) to spend your money.
What is Identity Theft?
When you earn interest on your principal PLUS the interest you’ve already earned.
What is Compounding Interest?
A legal contract used when renting a home or a car for a specific period.
What is a Lease?
A savings note (CD) where you leave money for a set time to earn a fixed interest rate.
What is a Certificate of Deposit?
A natural talent or ability that makes you good at certain types of work.
What is an Aptitude?
The cost of credit expressed as a yearly percentage rate.
What is APR (Annual Percentage Rate)?
A retirement savings plan sponsored by an employer that helps you save for the future.
What is a 401k?
Money paid in advance to a landlord to cover any potential damages to a rental.
What is a Security Deposit?
A mortgage where the interest rate can go up or down over time.
What is an ARM (Adjustable Rate Mortgage)?
The level of wealth, comfort, and material goods available to a person.
What is Standard of Living?
Cash or items (like money in a bank) that can be turned into cash very quickly.
What are Liquid Assets?
A savings account that usually pays higher interest but requires a higher balance.
What is a Money Market Account?
Fees paid at the end of a real estate transaction to finalize the home purchase.
What are Closing Costs?
The amount of money an investment will be worth at a specific date in the future.
What is Future Value?