Words and Meanings Flashcards
Asynchronous (a·syn·chro·nous)
Education, instruction, and learning that don’t occur in the same place or at the same time
Financial Literacy
The ability to use knowledge and skills to manage financial resources effectively
Income
Money you have coming in
Fixed Expenses
Non-changeable expenses, such as rent
Need
Something that’s necessary to spend money on, something you can’t do without
Want
Something you would like to have, but that isn’t necessary
Variable Expenses
Expenses that may change, such as food and entertainment
Credit Score
a three-digit credit risk number that describes your credit “worthiness”
SMART goals
Goals that are specific, measurable, attainable, relevant, and time-orientated
Resourcefulness
The ability to deal skillfully and quickly with new situations or difficulties
Tolerance
The ability to recognize and appreciate the difference of others
Empathy
The ability to understand the feelings of others or to place yourself in someone else’s position
Trust
Believing in the integrity or character of a person or thing
Respect
Admiring someone or something as a result of their abilities, qualities, or achievements
Collaboration
Working with others on a task