Vocabulary
Tools you can use to reach your goals
What is technology
Example of self-management skills
what is goal setting/ stress management/ self motivation/ positive attitude/ creativity/ time management
What you are prioritizing if your goal is collaboration
What is communication and working with other people
Name for budget categories
What are expenses
How down payments affect debt
Decreases your loan amount and monthly payments
Influences the way you live and think as well as your decisions and behavior
What are ethics
The difference between traits and skills
Traits are characteristics and skills are abilities
What you are prioritizing if your goal is organization
What is being intentional and organized
The amount of money budgeted depends on
What is your monthly income
An exceptable reason for debt
What are student loans
Process of organizing and using resources to achieve predetermined objectives
What is management
Transferrable skills are
What are skills you can apply to different career paths
What you are prioritizing if your goal is stress management
What is being calm and less stressed
When you can use your savings
What is during an emergency or you have enough for what you were saving for
increase in prices and fall in value of money
Inflation
An example of services
What is getting your hair cut/ lawn mowed/ house cleaned/ etc
Which skill do most employers look for? A: Reliability
B: Coding
C: Cleaning
A: Reliability
it is a transferable skill
When prioritizing school work, what should you work on first
The assignment with the closest due date/ the most important grade/ core classes before exploratories
Common budget categories
What are wants, needs, and savings
How to avoid having debts
Build emergency funds/ don't impulse buy things that aren't needs/ only borrow money if it is necessary
Entitlement
What is a government program that provides financial benefits to eligible citizens
Soft skills vs hard skills
what are: soft skills are personality based and social skills, but hard skills are concrete and are learned in a specific field.
A(n) _____ is a value or goal that is given more importance than other values and goals
Priority
_____ is the possession of a body of financial knowledge, a set of basic skills, and the ability to apply knowledge and skills to make informed, responsible financial choices
Financial literacy
How debts increase
What is interest
when you take a longer time to pay off the original amount