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saveing money
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word | definition |
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assets | what a person owns of value such as jewelry savings art a home or car |
bank | a place where people put their money fot safekeeping and for ease of use |
brokerage firm | helps people invest their money |
budget | a spending plan people make in order to make sure there is enough income to cover all expenses |
career | something you build by going to school and working jobs related to the career you want |
certificate of deposit | a saveings certificate that gains interest and has a set time before you can withdraw your money |
charity | giveing resources or volunteering time to help those in need |
comparison shopping | finding out whether or not what you are about to buy can be found for a better price or better shape at a diffrent store |
controlling risks | stuff you do to make risks less dagerous or not dangerous at all |
credit | a loan that a person uses to pay for things but is expected to pay back |
credit union | just like a bank only its members own it |
decision making | considering diffrent information to make a chocie |
enterpreneur | a person who starts his or her own business |
expense | the cost of the things that people spend money on |
financial advisor | a person who is an expert at handeling money and can give you information and advice about saving and investing |
financial institution | a place, like a bank, that helps its members manage their money |
financial literacy | the knowlage and skills to manage money |
health insurance | helps people pay for medicineand docters when they are sick or hurt |
impulse buying | buying stuff without thinking about weather or not you need it |
income | money earned from working and other means |
income tax | annual tax placed on the money employees make at jobs and collected by the federal government most states and some local governments |
inflation | the price of goods and services rises over time |
interest | the extra fee charged for borrowing money or the cost of borrowing money |
investing | when you make a purchase a security like a stock or bond in the hopes that over timeit will make money |
job | work you do for money |
long-term-goals | a goal that can be achieved in a longer amount of time it can be months years or even an entire lifetime |
needs | something you truly can not live without |
opportunity cost | the cost we pay when we give up something to get something else |
payment method | what you use to pay for something like cash or check |
peer pressure | doing stuff just because your friends are doing it or because your friend told you to because you want your friends to like you and think your cool |
privacy | keeping importent information to yourself or between yourself and close family members |
reliability | being tristworthy; being responsible |
risk | an activity or action that might be dagerous |
peer pressure | doing stuff just because your friends are doing it or because your friend told you to because you want your friends to like you and think your cool |
privacy | keeping importent information to yourself or between yourself and close family members |
reliability | being tristworthy; being responsible |
savings | money set aside for short-or long-term goals |
risk | an activity or action that might be dagerous |
risk prevention | stuff you do to stop consequences of risk from happening |
salary | payment for work represented as a yearly sum and paid in portions every week two week or month including sick time or vacation time |
sales tax | a fee added to the sticker price of an item that is paid to the state or city |
savings | money set aside for short-or long-term goals |
savings account | an account that gains interest and allows withdrawals |
short-term-goals | a goal that can be achieved in a short amount of time it can be a few days weeks or months |
spend | to use money to buy stuff |
taxes | fees placed on income purchases or property to support government programs |
wage | payment for work usually calculated on an hourly daily or piecework basis and paid on schedule usually every week two weeks or months |
wants | something you whould like to have but will be okay without |