How to become a Millionaire
This term refers to managing your money, including budgeting, saving, investing, and planning for future financial goals.
What is personal finance?
This is the study of how individuals, businesses, and societies allocate scarce resources to satisfy unlimited wants and needs.
*What is economics?*
This is the first step in the five-step decision-making process.
*What is identifying the problem or decision to be made?*
This comprehensive resource provides detailed information on hundreds of occupations.
*What is the Occupational Outlook Handbook?*
This is equivalent to a high school diploma and consists of tests in five subject areas.
*What is a GED (General Educational Development)?*
When someone has alot of money in the present moment. You would consider this person ___________.
What does it mean to be rich?
These are factors that motivate or influence behavior in economic decisions.
*What are incentives?*
In decision making, this step involves collecting data and facts related to the decision.
*What is gathering relevant information?*
This information in the Occupational Outlook Handbook helps job seekers understand the typical responsibilities of a position.
*What are job descriptions and typical duties?*
This two-year undergraduate degree is often offered by community colleges and technical schools.
*What is an Associate's degree?*
This term describes someone who focuses on building long-term financial security and generating passive income.
*What is wealthy?*
This economic concept is defined as the value of the next best alternative that must be given up when making a choice.
*What is opportunity cost?*
This step in decision making involves brainstorming possible solutions or courses of action.
*What is identifying alternatives?*
*What is identifying alternatives?*
This data in the Occupational Outlook Handbook helps individuals understand the potential for future job opportunities in a field.
*What is job outlook and growth projections?*
This is typically a four-year undergraduate degree offered by colleges and universities.
*What is a Bachelor's degree?*
What is the highest paying career path?
What is an entrepreneur?
This type of exchange occurs when both parties believe they will benefit from a transaction.
*What is voluntary exchange?*
In the decision-making process, this step involves assessing the pros and cons of each option.
*What is evaluating the alternatives?*
This document summarizes your qualifications, skills, and experience for potential employers.
*What is a resume?*
This graduate-level degree typically requires 1-3 years of study beyond a bachelor's degree.
*What is a Master's degree?*
When someone makes money without having to work. This is called _____________ .
What is passive income?
This term describes the system of production, distribution, and consumption of goods and services within a country or region.
*What is economy?*
This is the final step in the five-step decision-making process.
*What is making the decision and taking action?*
This allows employers to compare candidates consistently and gather necessary information about their background and qualifications.
*What is a job application?*
This is the highest level of academic degree, typically requiring 3-7 years of study beyond a master's degree.
*What is a Doctorate degree?*