Mindfulness
A moment-to-moment awareness of one’s thoughts, feelings, and surrounding area with acceptance
Mindfulness
When practicing mindfulness, notice when your mind does this
wander
Earnings Adjusted for inflation
Real
Earning returns on both your initial investment and previous returns.
Compound growth
Occurs when a check is written for more money than is in the account
Overdraft
Name 3 benefits of Mindfulness
Reduced rumination
Stress reduction
Boosts working memory, Improves focus, Less emotional reactivity, More cognitive flexibility, Relationship satisfaction, Increased immune functioning, Quality of Life
Relaxation technique that involves imagining one’s limbs to be heavy, warm, and tingling.
Autogenic Training
When unemployment is under this percentage, that's pretty darn good
6
the price of using someone else's money
Interest
Students who live in the this cardinal direction are more likely to carry cards
West
Generally speaking, we are hardwired for this
Survival
A state of complete immersion in an activity.
Flow
The current unemployment rate
4.3%
Which population of students (race) are more likely to have credit cards
White
Checks that are returned to the payee for nonsufficient funds
Bounced check
Unnecessary muscular contraction.
Bracing
The most important thing about mindfulness is focusing on this
Breathing
Current unemployment rate for those with college education
2.8%
This type of account, is one in which no interest is paid on the principal, that is, the amount of deposit or account balance
non-interest bearing account, or zero-interest account
Type of higher-interest investment savings plan where money is placed in an account for a specific period of time
Certificate of deposit
This type of mindfulness involves contracting and relaxing muscle groups throughout the body.
Progressive Relaxation
Six-step relaxation technique that results in relaxation in seconds.
Quieting Reflex
Current unemployment rate for recent college graduates (aged 22-27)
5.6%
a borrower’s savings, investments, or the value of the asset purchased, which the lender can seize if the borrower fails to repay a debt.
Collateral
Document that itemizes one’s credit history
Credit report