Careers & Employability Skills
What document summarizes your work experience, education, and skills for potential employers?
What is a plan for managing your money, typically tracking income and expenses?
A Budget
This banking feature allows you to automatically transfer money between accounts on a regular basis.
Automatic Transfer
What three-digit number represents your creditworthiness to lenders?
Credit Score
What is the deadline for filing your taxes? Known as "Tax Day"
April 15th
A document that introduces you to potential employers and highlights your qualifications for a specific job
A Cover Letter
What is the term for money set aside to cover unexpected expenses or emergencies?
An Emergency Fund
ATM stands for this.
Automated Teller Machine
This federal law gives consumers the right to obtain a free copy of their credit report from each of the three major credit bureaus once every 12 months.
The Fair Credit Reporting Act
A form provided by employers that reports an employee's annual wages and the amount of taxes withheld.
W-2
What soft skill refers to the ability to work well with others and is highly valued by employers?
Teamwork
The reason for setting these is to guide your spending and saving decisions.
Financial Goals
What is the term for when you withdraw more money from your account than you have available?
An Overdraft
This provides a detailed history of your credit use and repayment behavior.
Credit Report
Money taken out of your paycheck for taxes before you receive it.
Withholdings
This term describes the process of learning new skills and knowledge throughout your career to stay competitive in the job market.
Professional Development
These stay the same each month, unlike variable expenses.
Fixed Expense
Keeping this number secret prevents unauthorized access to your bank account
PIN (Personal Identification Number)
Having this can lead to better loan terms and interest rates.
A High Credit Score
This occurs when you pay more in taxes throughout the year than you actually owe.
A Tax Refund
Having this type of email address when applying for jobs shows professionalism to potential employers.
A professional email address
This financial ratio is calculated by dividing your total monthly debt payments by your gross monthly income.
Debt-to-Income Ratio
This federal agency insures deposits in banks and savings associations for up to $250,000$250,000 per depositor.
What is the FDIC (Federal Deposit Insurance Corporation)
The ratio of your credit card balances to your credit limits, expressed as a percentage.
Credit Utilization
The government agency responsible for collecting taxes in the United States
Internal Revenue Service (IRS)