Definitions
The act of transmitting information,
ideas, and attitudes from one person to another.
What is Communication
The 3 things you should always include when sending an email.
What are Subject, Salutation, and Signature?
The body's natural defense against predators and danger.
What is Stress?
Metaphor used to outline the steps to financial wellness.
What is a ladder?
Three categories of funding to pay for college.
What are FREE, BORROWED, and EARNED money
Belief that one's basic qualities, like their intelligence or talent, are simply fixed traits that cannot/will not change.
What is a Fixed Mindset?
Secondary focus that can complement a major or personal passion/interest that can still lead to graduation even when requirements are NOT fulfilled.
What is a Minor?
Being mindful of the opportunity and responsibility that we have to serve our own advancement by serving others
What is a Legacy-Driven Mindset?
The number that communicates a person's financial reputation to lenders.
What is a Credit Score?
Interest rate charged on the loan will NOT change, no matter what market interest rates do
What is Fixed Interest?
Being motivated to engage in a behavior in order to earn a reward or avoid punishment.
What is Extrinsic Motivation?
An intelligent goal setting strategy that requires you to think through 5 key areas--plus name the 5 areas.
What are SMART goals?
Specific
Measurable
Achievable
Relevant
Time-based
An individual’s ability to effectively cope with stress and adversity.
What is Resilience?
Minimum amount to save for a personal Emergency Fund.
What is save at least three months of living expenses?
What SAP stands for AND 2 (of 3) requirements to maintain it.
What is Satisfactory Academic Progress, 2.00 GPA, and 67% Completion Rate?
Belief that one is inadequate and incompetent despite evidence of being skilled and successful.
What is Impostor Syndrome?
Time management technique that involves alternating focused work sessions with frequent short breaks to promote sustained concentration and avoid mental fatigue
What is The Pomodoro Technique?
The four ways a legacy can be established.
What are through PROPERTY, MONEY, VALUES, and IMPACT
Type of savings account that pays a higher-than-average interest rate
What is a high-yield savings account?
Federal Loan for which the Department of Education pays the interest accrued while you’re enrolled
What is a Subsidized Loan?
A decision making business tool that can be adapted as an exercise in self-introspection to help you understand yourself and prepare for growth.
What is a SWOT Analysis?
Concept introduced by Sonia which states that in high school, practically all info students need to know comes from one source (i.e., their teacher). And the rest comes from independent review.
What is the the 80/20 Principle?
Physical and mental exhaustion, often associated with a loss of identity and the sense that we are not accomplishing anything.
What is Burnout?
The three investments that are likely to beat inflation when growing wealth.
What are BONDS, REAL ESTATE, and STOCKS?
When unpaid interest is add to the principal amount of your student loan thereby increasing your loan's principal balance.
What is Capitalization?