Personal Finance 2

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Last updated 2:56 AM on 1/23/25
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18 Terms

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Job

This is work you mainly do to earn money.

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Career

A commitment to work in a field you find interesting and fulfilling.

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Standard of Living

A measure of quality based on the amounts and kinds of goods and services a person can buy.

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Trends

Developments that mark changes in a particular area such as career choices or declining a promotion.

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Potential earning power

The amount of money you may earn over time.

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Aptitudes

Natural abilities that people possess.

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Interest inventories

Tests that help you identify the activities that you enjoy the most.

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Demographic Trends

Tendencies that people grouped by age, gender, ethnicity, education, or income that change over time.

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Geographic Trends

Tendencies of people to move from one area of the country to another.

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Service Industries

Businesses that provide services for a fee.

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Internship

A position where a person receives training by working with people who are experienced in a particular field.

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Cooperative Education

A program that allows students to enhance classroom learning with part time work related to their interests.

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Networking

A way of making and using contacts to get job info and advice.

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Resume

A 1 or 2 page summary of your education, training, experience, and qualifications.

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Cover Letter

A personal letter you present along with your resume.

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Cafeteria Style Employee Benefits

Allows workers to choose the benefits that best meet their needs.

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Pension Plan

A retirement plan funded at least in part by an employer.

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Mentor

An experienced employee who serves as a teacher or guide to a less experienced person.