Income & Careers
This is the money you earn from a job.
What is income?
Goals you want to achieve within a few weeks or months.
What are short-term goals?
This habit involves spending less than you earn.
What is budgeting?
This company introduced one of the first widely accepted charge cards in 1950.
What is Diners Club?
Which Foundation says to save $500 for a starter emergency fund?
What is Foundation 1?
This document summarizes your education, skills and work experience.
What is a resume?
Goals that usually take one to five years to achieve.
What are medium-term goals?
Money set aside for future needs or goals.
What are savings?
This bank launched the first modern bank credit card in 1958, which later became Visa.
What is Bank of America?
This Foundation includes saving for your children's college education and building wealth through generosity.
What is Foundation 5?
The amount earned before taxes and deductions are taken out?
What is gross income?
Goals that may take five or more years to achieve.
What are long-term goals?
This financial habit helps prepare for unexpected expenses.
What is building an emergency fund?
Before money existed, people exchanged goods and services directly through this system.
What is barter?
In which Foundation do you pay off all debt using the debt snowball method?
What is Foundation 2?
The type of income remains after taxes and deductions.
What is net income?
The Ramsey system encourages goals that are Specific, Measurable, Achievable, Relevant and _____.
What is time-bound or timely?
People who consistently save and avoid unnecessary debt are more likely to achieve ____ stability.
What is financial?
These illegal lenders often charge extremely high interest rates and may use threats or intimidation to collect payments.
What are loan sharks?
A person's car breaks down while they are paying off debt. Which Foundation helps them handle the expense without using a credit card?
What is Foundation 1, the starter emergency fund?
Choosing a career based on your interests, skills, and values can lead to greater ____________.
What is job satisfaction?
Saving money for college is an example of this type of goal.
What are long-term goals?
What is saving regularly, investing, budgeting, or avoiding debt.
Before modern banks became common, people often borrowed money from local lenders who charged borrowers this fee for using their money.
What is interest?
This Foundation says to pay cash for your car.
What is Foundation 3?