Personal Management
Areas of Business
Insurance
Investments
Acronyms
100

This is difference of earnings less spending.

savings

100

the activities of a company to promote the buying or selling of a product or service.

Marketing

100

This insurance pays the insured's beneficiary in the event that they die.

Life Insurance

100

This is a form of savings account that pays a higher interest rate but does not allow withdrawal before maturity.

Certificate of Deposit

100

The act that regulates safety and health conditions in public and private businesses.

Occupational Safety and Health Act (OSHA).

200

This is an account of how much you earn and spend over time.

Budget

200

The systematic and comprehensive recording of financial transactions and the process of summarizing, analyzing and reporting those transactions.

Accounting

200

This type of insurance helps pays doctors and hospital bills when people visit them.

Health Insurance

200

This investment pays the investor's beneficiary in the event that they die. 

Life Insurance

200

These organizations represent employees in negotiations for wages and benefits and represent employees in the case of disciplinary action.  Examples are the IBEW and UAW.

Labor Unions

300

This is a list of all of your planned activities and assigned jobs for a period of time. 

To-do List

300

The conducting and supervision of business.

Management

300

This type of insurance pays for repair or replacement in the case of fire, flood or storm.

Homeowner's/renter's Insurance

300

This is a loan to the U.S. government that is paid back to the investor at maturity with interest.

U.S. Saving Bond

300

Another way to express compound interest rates used by banks and other financial institutions.

Annual Percentage Rate (APR)

400

Principal, interest rate and and installment payments are all parts of a_____________.

Loan

400

The study of money, investments and other financial instruments.

Finance

400

This type of insurance in purchased by individuals and businesses to protect them against claims by someone who is injured on the person's or company's property or injured as a result of faulty products or services.

Liability Insurance

400

A type of investment where you purchase a share in the company and expect to receive a portion of the profits in a dividend and potentially see the value of your investment increase over time.

Common Stock

400

This U.S. federal agency was established to "foster, promote, and develop the welfare of the wage earners, job seekers and retirees of the United States; improve working conditions; advance opportunities for profitable employment; and assure work-related benefits and rights."

Department of Labor (DOL)

500

This skill will allow you to organize major trips, events and eventually home construction. 

Project Planning

500

The study of individuals, businesses, governments and nations make choices on allocating resources to satisfy their wants and needs.  This area is divided into 2 separate studies, micro and macro.

Economics

500

Most employers are required to carry this insurance to protect their employees against certain losses from on-the-job accidents.

Worker Compensation Insurance

500

This type of investment diversifies how your money is invested in the stock market (such as Vanguard Large Cap).

Mutual Fund

500

This act requires employers to provide up to 12 weeks of unpaid, job-protected leave to eligible employees for birth, adoption or for the serious illness of an employee.

Family Medical Leave Act (FMLA)

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