Smart Future Vocabulary Flashcards
A type of degree that typically takes two years of full time study after high school and is dedicated training toward a specific career or skill.
Associates Degree
A Type of degree that normally takes four years of full time study,also known as an undergraduate degree.
Bachelor’s Degree
After completing a bachelor’s degree, you can keep on to complete a master’s program in a many fields.
Master’s Degree
A type of degree takes 3-5 years to earn after completing your bachelor’s degree.
Doctoral Degree
A type of bank account offers a safe place to store your money and allows you to make withdrawals using an ATM card, debit card or personal check.
Checking Account
Interest is earned on the deposit amount (principal).
Saving’s Account
Does not automatically draw money from your checking account. It provides a short-term loan from the credit card company.
Credit Card
Allows you to make purchases using money directly from your checking account
Debit Card
When money is added into a bank account,
Deposit
Money you’re spending. This includes everything you buy, such as food
Expenses
A plan for spending or saving money that is made up of income and expenses
Budget
An expense that occurs regularly. This amount typically does not change from month-to-month.
Income
Spending that is based on the purchase decisions you make. These can vary from month to month.
Variable Expenses
Money you earn
Salary
Positive earnings, when you have earned more in revenue than you spent on expenses
Profit
