Personal Credit
A financial tool that commonly uses an unsecured line of credit. These tools are commonly used throughout the world from high to low income households.
What is a credit card?
The part of the hiring process that gets you the job.
What is an interview?
A theory that proposes you invest in the more expensive, and durable/useful, option which will last longer. This means you will spend more on the initial purchase but save significantly more than you spent over time.
What is the Boots Theory of economics?
This item serves as an advertisement of you for you.
What is a resume?
Time is the most important factor to this concept. Growth is calculated on both the initial principal and the interest that has already been added. This means that over time, your investment can grow faster compared to simple interest, which only calculates interest on the principal amount.
What is Compounding Interest
The maximum amount of credit that a lender will extend to a borrower.
What is a credit limit?
You should research this before going to an interview to demonstrate your knowledge of the company.
What is the company’s mission and values?
The extra money that you end up spending on the "easy" options like door dash or instacart. This is often the direct result of "friction-less" spending where your payment information is on file and you can just "buy now".
What is the convenience tax?
The standard length for a resume in most cases.
What is one page?
The amount of money you should keep on deposit in a savings or money market account to cover emergencies.
What is a balance of six months to a year of living expenses?
The best practice to maintain a good credit score by ensuring timely payments
What is paying your bills on time?
A common interview question that asks candidates to describe a challenge they faced and how they resolved it.
What is "Tell me about a time when you overcame a challenge?"
The marketing strategy by which vendors and companies use the way they display or showcase their offerings to steer you, the consumer, into purchasing the product that is the best profit for them.
What is menu manipulation?
Specific tasks you were responsible for that you curate, or specifically select, to list on your resume from jobs you have worked.
What are duties and/or responsibilities?
An investment account, set up by your employer, that a small amount of your pre-taxed earnings go into for retirement. This is often matched by your employer up to a specified amount.
What is a 401(k) account?
The amount of money you owe on your line of credit from one payment period to the next. Keeping this will not raise your credit score and in some cases might hurt it.
What is a credit card balance?
You should bring extra copies of these to the interview to show both professionalism and preparedness.
What are extra copies of your resume?
The unofficial tax that by being stuck in a low income, or low money, situation one is is often trapped spending far more each month or year on daily expenses and life than someone of higher income. This is borne out in the boots theory of economics.
What is the poverty tax?
The term for a brief section summarizing your professional skills and qualifications at the top of your resume.
What is the summary or objective?
An account you set up for yourself, through a broker or financial institution, that you deposit net money (that has already been taxed) and that you can withdraw funds from, after retirement, without worrying about taxes.
What is a ROTH IRA?
This is the credit score range that is considered very good up to excellent. It means that the borrower is a very reliable and financially responsible person.
What is a credit score of 740-850?
An action should you take after an interview to leave a lasting positive impression.
What is sending a thank-you note or email?
This is something everyone who borrows to go to college should be aware of and go into knowingly before they sign the loan documents.
What is the return on investment (ROI) I can expect from my degree?
A tailored resume for each job application that highlights relevant skills and experiences associated with the job being applied for.
What is a targeted resume?
The rate at which any money you own loses its purchasing power each year.
What is 3 to 3.1%?