The application of knowledge and information.
What is Wisdom?
A way of achieving something. A course of action.
What is Pathway?
Focus. Reiterate. Confirm.
What are Active Listening Skills?
The tendency to recall information presented at the beginning compared to information presented later.
What is Primacy Effect?
The pitch or sound in which we speak.
What is Tone?
The way we sit, stand or look when we are speaking or when others are speaking to us.
What is Body Language?
A person who works for themself.
What is an Entrepreneur or Independent Contractor?
The things that are important to you.
What are Values?
I want it and I want it now.
What is Instant Gratification?
Having more income than expenses.
What is Surplus?
Having more expenses than income.
What is Deficit?
I want it but I can wait.
What is Delayed Gratification?
Taking initiative and acting in advance. Anticipate and prepare.
What is Proactive?
Expenses that occur at irregular times.
What are Intermittent Expenses?
Costs that change from month to month.
What are Variable Expenses?
Responding to something after it has happened.
What is Reactive?
Money spent on non-essentials.
What are Discretionary Expenses?
A plan for saving and spending.
What is a Budget?
Counting, breathing or choosing to walk away when emotionally triggered.
What is Coping Mechanism?
Money received from a job, investments or a gift?
What is Income?
Debts, loans or money that is owed to someone else.
What are Liabilities?
Cash. property and investments.
The realization of one's talents and full potential.
What is Self-Actualization?
Rent and car payments are the same from month to month.
What are Fixed Expenses?
The difference between what you own and what you owe.
What is Net Worth?