Career
Budget
Shopping
Credit
Random
100
If you want to go into a field that requires a high level of education, such as law, you'll be preparing this
What is a profession
100
A one year accounting period
What is a fiscal year
100
Gives you a special buy on a new product
What is promotional sale
100
Agreement to get money, goods, or services now in exchange for a promise to pay later
What is credit
100
Loan backed by collateral
What is secured loan
200
Consists of meeting and talking with people in different occupations to find out what they do
What is networking
200
Helps you predict how much money you'll need and how to control your spending
What is a budget
200
Foot Locker and Ace Hardware are examples
What is limited line retailers
200
Type of credit used by people for personal reasons
What is consumer credit
200
When you borrow money on a credit card rather than use it to make a purchase
What is cash advance
300
A program that provides hands-on experience for a beginner in an occupation, usually unpaid
What is internship
300
Leads to buying things you don't need and can ruin a budget
What is impulse buying
300
Person who selects, purchases, uses, and disposes of goods and services
What is a consumer
300
Short term and medium term credit offered by stores
What is charge accounts
300
Cash, equiptment, buildings, supplies, and land are examples
What is an asset
400
People that pay their taxes directly to the government instead of through their employer
What is self-employed
400
The amount of money you actually take home (take home pay)
What is net income
400
Buying something without previous consideration
What is impulse buying
400
Refers to a 15-30 year installment loan for a house
What is a mortage
400
Needed in your budget for long term goals like buying a car or taking vacations
What is savings
500
The difference between a trade and a profession
What is a trade requires high level of technical skills/profession requires high level of education
500
The difference between amount budgeted an amount spent
What is budget variance
500
The amount it costs for a loan or credit
What is interest/finance charge
500
The five Cs of credit worthiness
What is collateral, credit history, character, capacity, capital
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