Consumers Awareness
The shopping people do to lift their mood when they're discontent.
What is "Retail Therapy"?
A feeling of guilt, regret or unease after making a purchase.
What is "Buyer's Remorse"?
Technical skills that are learned and that require IQ Intelligence quotient.
What are "Hard Skills"?
The percentage of the labor force, or a specific demographic, that's jobless and looking for work.
A two- or three-year postsecondary undergraduate degree.
What is a(n) "Associates Degree"?
This is also called a ledger; a lined and divided journal to record checking account activity.
What is "Checking Account Register"?
Buying anything without planning to do so in advance.
What is "Impulse Buying"?
The process of communicating the value of a product or service to customers.
What is "marketing"?
Character traits and interpersonal skills requiring EQ (emotional quotient) that guide how you interact with others.
What are "Soft Skills"?
All education that takes place after high school, including university, college, community college, certification, or trade school.
What is "Postsecondary Education"?
Financial aid that does not need to be repaid; usually awarded based on achievements.
What is a(n) "Scholarship"?
People who don't have bank accounts.
What is "unbanked"?
The public's ability to recall and recognize a brand by its logo, jingle, packaging, or name.
What is "Brand Recognition"?
The theory that spending money and consuming goods is good for the economy.
What is "Consumerism"?
Someone who starts and runs their own business.
What is an "Entrepreneur"?
Undergraduate degree from a college or university, usually completed after four or five years of study.
Financial aid that does not usually need to be repaid; usually awarded based on financial need.
What is a(n) "Grant"?
Option to allow automatic electronic deposit of your payroll checks.
What is "Direct Deposit"?
The unauthorized use of your debit or credit card number and PIN or the forging of your signature.
What is "Card Fraud"?
The act of fraudulently gaining and using the personal information of someone else, usually for financial gain.
What is "Identity Theft"?
Someone who supports, guides, and advises another person over a period of time.
What is a "Mentor"?
When debt payments are held off for or until a certain time and no interest accrues.
What is "Deferred"?
The measurement of gain or loss generated on an investment relative to the amount of money invested.
What is "Return on Investment"?
An option offered by banks to cover overspending an account and then charge a fee for it.
What is "Protection"?
This is the part of your brain that controls memory, impulses, and thoughts.
What is the "prefrontal Cortex"?
This is the part of your brain that helps regulate your stress responses.
What is the "Amygdala"?
The act of finding something out.
What is "Discovery"?
When debt payments are held off for or until a certain time, but interest continues to accrue.
What is "Forbearance"?
The percentage of students who finish the program they began.
What is "Completion Rate"?
The process of making sure you and the bank agree nohow much money is in your checking account.
What is "Reconciling"?