Personal Finance

Chapter 4

17 cards·by clang

A commitment to work in a dlield that your find fulfilling and interesting.

career

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

standard of living

The amount of money you may earn over time.

potential earning power

Tests that help you identify the activities you enjoy most.

interest inventories

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

demographic trends

Tendencies of people moving from one area of the country to another as financial center shift locations.

geographic trends

What are the six cities that have some of the fastest-growing job markets?

Flordia, Nevada, Arizona, Arkansas, New Jersey, and California

What are the cities where the salaries are high, but so is the cost of living?

San Francisco, New York, and Chicago

What can reduce career opportunities?

high interest rates, price increases, decreased demand for certain goods and services

Why can high interest rates reduce employment in housing-related industries?

People are less likely to buy a house when interest rates are high.

Businesses that provide service for a fee

service industries

What form do you fill out to ensure that the appropriate amount of tax is deducted from your paycheck?

Form W-4

What can you earn from volunteering?

Learn new skills, develop good work habits, and make professional contacts

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

internship

Programs that allow students to enhance classroom learnng with part-time work related to their majors and interests.

cooperative education

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

networking

A meeting with someone wjo works in your area of interest who can provide you with practical information about the career or company

informational interview.