PERSONAL FINANCE
This is a plan for how to spend and save money.
What is a budget?
This number ranges from 300–850.
What is a credit score?
This is ownership in a company.
What is a stock?
Income before taxes are taken out.
What is gross income?
This document lists your education, skills, and experience.
What is a resume?
These expenses stay the same each month.
What are fixed expenses?
This is the yearly cost of borrowing money.
What is APR?
This investment is generally considered safer than individual stocks.
What is a bond or mutual fund?
Income after taxes are taken out.
What is net income?
This explains why you want a job.
What is a cover letter?
These expenses may change monthly like gas or food.
What are variable expenses?
Keeping credit usage below this percent helps your score.
What is 30 percent?
This means spreading investments to reduce risk.
What is diversification?
This form shows yearly earnings and taxes paid.
What is a W-2?
These are people who can speak about your character and work ethic.
What is a reference list?
This type of savings should cover 3–6 months of expenses.
What is an emergency fund?
Paying only this on a credit card can lead to large interest costs over time.
What is the minimum payment?
This allows your money to grow faster over time by earning interest on interest.
What is compound interest?
This form is used to file taxes.
What is a 1040?
A resume is used to show your _____.
What are qualifications?
This is what you give up when choosing something else.
What is opportunity cost?
This type of card does NOT build credit.
What is a debit card?
Higher risk investments may lead to higher reward or higher _____.
What is loss?
Income minus deductions equals this.
What is taxable income?
Employers may use this to judge how responsibly you handle money.
What is a credit score?