"Everfi Vocabulary"

Question 1

Association’s Degree

Answer 1

A two years full of time study after high school and is dedicated training toward a specific a specific career or skill

Question 2

Bachelor’s degree

Answer 2

Four years of full time study. Bachelor of Science or Bachelor of Arts

Question 3

Master’s Degree

Answer 3

after completing a bachelor’s degree

Question 4

Doctoral Degree

Answer 4

takes three to five years to earn after completing your bachelor’s degree

Question 5

checking account

Answer 5

allows you to make withdraws using an ATM card, debit card, or personal check

Question 6

Saving account

Answer 6

interest is earned on the deposit amount

Question 7

Credit card

Answer 7

pay interest on the money you owe

Question 8

Debit card

Answer 8

make purchases using money directly from your checking account

Question 9

Deposit

Answer 9

money that is added into a bank account

Question 10

expense

Answer 10

the money you’re spending

Question 11

budget

Answer 11

plan

Question 12

Fixed expense

Answer 12

expense that occurs regularly

Question 13

Variable expense

Answer 13

spending; vary from month to month

Question 14

income

Answer 14

money you earn

Question 15

profit

Answer 15

positive earnings

Question 16

revenue

Answer 16

money a business makes

Question 17

salary

Answer 17

fixed payment

Question 18

wage

Answer 18

amount paid