| A | B |
|---|
| Paypal | An online payment service that allows consumers to transfer money electronically |
| Pay Yourself First (PYF) | To automatically save a specified amount from a paycheck for future use. |
| Previous balance | Amount still owed from purchases prior to the current 30-day charge cycle |
| Principal | The amount of money originally invested |
| Risk | The possibility of financial loss or physical harm |
| Savings account | An interest-bearing account where people put money for future use |
| Short-term goals | Plans that can be accomplished within three months to a year |
| Simple Interest | Interest that is paid only on the original principal |
| Social Security | A social insurance system that provides benefits to most Americans who are retired, sick, or too disabled to work, and to families of workers who have died |
| Stock | A share of a corporation sold to the public |
| Taxes | Required payments to a governement |
| 3Cs of credit | The factors that determine a credit score: Character, capacity to repay, and capital |
| Values | The ideals that are important to you and your career choice |
| Variable Cost | A business cost that increases or decreases, such as labor |
| Variable Expenses | Expenses that vary from month to month, such as entertainment, car repairs, or doctor bills |
| Wants | Goods or services that make people more comfortable or content but which are not necessary for survival |
