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LET REVIEW > NEW LITERACIES DAY2 > Flashcards

NEW LITERACIES DAY2 Flashcards

1
Q

The ability to make informed judgments and make effective decision regarding the use and management of money

A

financial literacy

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2
Q

comprehensive statement of an individual’s long term objectives for security and well-being and detailed savings and investing strategy for achieving the objectives

A

financial plan

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3
Q

an estimation of revenue and expenses over a specified future period of time and is usually compiled and reevaluated on s periodic basis

A

budget

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4
Q

the process of creating a plan to spend money

A

budgeting

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5
Q

when you have saved more money that what you expect at a time of need, consider _______ to earn more interest

A

investment/investing

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6
Q

set money aside (extra money)

A

saving

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7
Q

setting aside a little money for emergencies

A

emergency savings fund

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8
Q

a contract (in the form of policy) between policy holder and the insurance company, whereby the company agrees to compensate for any financial loss from specific insured events

A

insurance

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9
Q

type of insurance that compensates beneficiaries upon the death of the policyholder

A

life insurance

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10
Q

types of life insurance

*simplest/cheapest
*entails low premium requirements
*no benefit if the policy holder outlives the term period set

A

term

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11
Q

types of life insurance

*both life protection and investment
*no maturity age

A

Variable Universal Life
(VUL)

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12
Q

types of life insurance

*provides coverage for the policy holder’s entire life or until they reach 100 years old
*offers permanent protection
*requires higher premiums

A

whole life

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13
Q

types of life insurance

*most specific
*grants a lump sum after a specified amount of time ore upon death
*saving up for specific purposes
*guarantees returns

A

endowment

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14
Q

considers the ecological systems and awareness of how society operates within natural aspects as an educational imperative

A

eco-literacy

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15
Q

a school that engages the school community, especially children, in critical thinking and learning by adopting participatory, practical and collaborative approaches to work

THE SCHOOL SHOULD EDUCATE THE STUDENTS ABOUT ECO-LITERACY

A

GREEN SCHOOL

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16
Q

A GREEN SCHOOL ADHERES TO THE FOLLOWING PRECEPTS

*focuses mainly on acquisition of knowledge and understanding of surroundings and related issues

A

learning ABOUT the environment

17
Q

A GREEN SCHOOL ADHERES TO THE FOLLOWING PRECEPTS

refers to the process of learning WHILE BEING ENGAGED with environment inside and outside the classroom

A

learning THROUGH the environment

18
Q

A GREEN SCHOOL ADHERES TO THE FOLLOWING PRECEPTS

aims at developing an informed response and responsibility towards the environment beyond acquisition of skills and knowledge

A

learning FOR the environment

19
Q

entails the development of social skills, knowledge and positive human values towards desire and ability in human being to act and react positively and responsibly in a wide range of complex social setting

A

social literacy

20
Q

PEOPLE SKILLS/SOFT SKILLS

people with high social assertiveness have more focused energy and more clarity in their interaction

A

being socially assertive

21
Q

PEOPLE SKILLS/SOFT SKILLS

people with great presence take it easy in making connections

A

crafting a memorable presence

22
Q

PEOPLE SKILLS/SOFT SKILLS

knowing how to present one’s self and in turn gets one’s message across

A

mastering communication

23
Q

PEOPLE SKILLS/SOFT SKILLS

people who can sustain lasting confidence are able to conquer their shyness, avoid awkwardness, and get through their anxiety

A

sustaining lasting confidence

24
Q

PEOPLE SKILLS/SOFT SKILLS

they are people whom others may fond of listening to and discussing with

A

being an excellent conversationalist

25
Q

levels of interaction

first five minutes

A

first impression (time to decide if someone is worth getting to know)

26
Q

levels of interaction

first five hours

A

rapport building

27
Q

levels of interaction

first five days

A

ultimate level of trust and connection

28
Q

it is about understanding ethnic groups that compromise the population and focuses on complex issues of identity, diversity and citizenship

A

multicultural literacy

29
Q

aims to address issues of globalization, racism, diversity and social justice

A

global literacy

30
Q

refers to skills, values and behaviors that prepare young people to thrive in a diverse, interconnected and rapidly changing world

A

global competence

LET REVIEW (33 decks)

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