Saving
Putting money in a bank account
Major
Your major is the topic you focus on in college.
Taxes
Payments to the government that are used for public services
Salary
How much a job pays you per year.
What two players are widely considered to be the two greatest ever?
Lebron and MJ
Investing
Using your money to make more money
In-state / out-of-state
An in-state college is in the state that you live in (California).
Budget
A plan to track your income and expenses each month.
Resume
A document that tells about your experience and skills
Who won the championship in 2024-25?
The OKC Thunder
Company
A business
Community College
A cheaper college that almost anyone can get into which offers associate's degrees
Insurance
Provides financial protection against unexpected accidents or injuries.
Benefits
Things you get for a job besides $$. (Insurance, retirement)
Who won the MVP in 2024-25?
SGA
Stock
A small piece of ownership of a company
College vs University
A college only offers Bachelor's degrees. A University offers higher degrees as well.
Income tax vs. Sales tax
Income tax is a tax on the money you make. Sales tax is paid when you buy something.
Cover letter
A letter you send with a job application.
Who is the all-time leader in three pointers made?
Steph Curry
Ticker
Letters that symbolize a stock
ACT / SAT
Standardized tests you have to take to get into high school.
Down payment vs. monthly payment
A down payment is paid at the beginning before you take out a loan. Your monthly payment is how much you have to pay back each month.
Professional Reference
A past employer who can vouch that you are a good employee
Who has the most points in NBA history?
Lebron James
Private/public company
You can't buy stock in a private company. You can buy stock in a public company.
Acceptance rate
The percentage odds of "getting in" to a college
Credit Score
A rating of how likely you are to pay back loans on time.
Letter of Rec
A letter recommending you for a job
How many championships have the Blazers won?
1
Diversification
Investing in a lot of different stocks
Private/public college
A public college is owned by the government. A private college is not.
Mortgage
A loan used to buy a house
Revenue vs. Profit
Revenue is the total income for a business. Profit is revenue minus costs.
Which player has won the most titles in NBA history?
Bill Russell
Bubble
When the prices of stocks become much, much higher than the real value of companies
Financial Aid vs. Scholarships
Financial aid is a loan that you need to pay back. Scholarships are a gift that is awarded based on academic or athletic accomplishments.
Depreciating Asset
Something you own that loses value over time. (like a car)
Margin
The difference between what it costs to make something and what it is sold for.
Only two players have won the dunk contest three times. Name one of these players.
Parent company / subsidiary
A parent company owns other companies called subsidiaries
Extra-curriculars
Things you do outside of class like sports/clubs
APR
Referral
When a current employee at a company recommends someone they know for a job.
Who has the most assists in nba history?
John Stockton