Financial Literacy Flashcards

Front

Evaluate alternatives

Back

A step in the decision-making process where you look at the pros and cons

Front

Need

Back

Something essential for survival

Front

Personal values

Back

Something influenced by personal beliefs and priorities

Front

Grant

Back

Federal aid that does not need to be repaid

Front

Loan

Back

Financial support that must be repaid with interest

Front

Community college

Back

A low-cost college option for the first two years of education

Front

Benefit

Back

Non-wage compensation from an employer

Front

Income tax

Back

Money taken out of your paycheck by the government

Front

Career income

Back

Career decisions affect this

Front

Financial institution

Back

A place where you can open checking and savings accounts