pers finance vocab 1

goal

- target that you want to reach in a certain period of time

short term goal

target that you want to reach in a short period of time

immediate goal

target that you want to reach in a moderate amount of time

long term goal

target that you reach in a long amount of time

experience

the knowledge and skill you get from doing something over a period of time

self employment

working for yourself instead of a boss or company

entrepreneur

side business

the person that starts a business and takes financial risks

lifestyle business

a small secondary business you run while keeping a main job

venture business

a new business project that involves risk

business plan

A written guide that explains how a business will start and grow

life-work balance

The healthy mix of time spent on your job and your personal life

life long learning

Keeping your mind open to learn new things throughout your entire life

professional development

Learning new skills to improve at your job or career.

upgrading

Learning new advanced skills for your current line of work.

restraining

Learning a completely new set of skills to do a different job.

job sharing

two people splitting one full time job and sharing the hours and pay

self assessment inventory

A tool or test to help you discover your own skills, values, and interest

remote work

Doing your job from home or another place outside the regular office

flextime

A work schedule that lets you choose your own start and end time

compressed work week

Working longer daily hours to finish a full workweek in fewer days

union

A group of workers joined together to protect their rights and pay

job rotation

Moving workers through different tasks to build a variety of skills

bargaining

Discussions between a union and an employer over pay and rules

seniority

Special rights or benefits you get based on how long you have worked somewhere

lobbying

 Trying to influence government leaders to pass laws that help a specific group

right to work laws

aws that say workers do not have to join a union to keep a job