Death &...
This one-page document summarizes your work experience, education, and skills for employers.
What is a resume?
Lenders use this three-digit number, ranging from 300 to 850, to judge how risky it is to lend to you.
What is a credit score?
This is the loan most people use to buy a home, paid back monthly over 15 to 30 years.
What is a mortgage?
This is the regular payment you make, monthly or yearly, to keep your insurance policy active.
What is a premium?
This term describes the coolest temperature at which you can safely cook beef. We hope it's not too hard to find...
What is rare?
It’s good etiquette to send this to your interviewer within 24 hours of an interview.
What is a thank-you email (or note)?
Your employer sends you this form each January to report your yearly wages and the taxes withheld.
What is a W-2?
This is the upfront cash you pay toward the purchase price of a home, often expressed as a percentage.
What is a down payment?
This is the amount you pay out of pocket before your insurance starts covering costs.
What is a deductible?
This term describes a food safety concept teaching home cooks to separate their produce from their meat.
What is cross-contamination?
This acronym stands for the four-part method for answering behavioral interview questions.
What is STAR (situation, task, action, result)?
Ew! This common term describes the total amount your paycheck includes before any deductions.
What is gross?
Paid at the end of the buying process, these fees (lender, title, appraisal, etc.) typically run 2% to 5% of the loan.
What are closing costs?
For often less than $20 a month, this policy covers a tenant’s belongings and liability.
What is renters insurance?
This knife skill is most often used to cut garlic.
What is mince/mincing?
Most federal student loans give you this long after graduation before your first payment is due.
What is six months?
Some employers will add money to your 401(k) based on what you contribute. It’s often called “free money.”
What is an employer match?
If you put down less than 20%, lenders often require this insurance, which protects the lender, not you.
What is PMI (private mortgage insurance)?
Under the Affordable Care Act, you can stay on your parents’ health plan until you reach this age.
What is 26?
This is the safe internal temperature for cooked chicken.
What is 164º Fahrenheit?
When negotiating a job offer, look beyond salary to this figure, which includes benefits like health insurance and a 401(k) match.
What is total compensation?
Contributions to this retirement account are made with after-tax dollars, but qualified withdrawals in retirement are tax-free.
What is a Roth IRA?
Your lender may hold part of your monthly payment in this account to pay your property taxes and homeowners insurance.
What is escrow?
After you hit this yearly limit on covered, in-network care, your health insurance pays 100% for the rest of the year.
What is the out-of-pocket maximum?
This French term (shoutout Anaïs) describes a culinary flavor base of diced onions, carrots, and celery.
What is a mirepoix?