Unit 8 Financial Literacy & Individual Responsibilities

The money that a person, a region, a country, etc. earns from work, from investing money, from business, etc.

• Income

• Financial Literacy

• Taxes

• Living wage

The LOWEST WAGE that an employer is allowed to pay by law.

• Budget

• Opportunity Cost

• Living Wage

• Minimum Wage

Money that employees receive for doing their job, especially professional employees or people working in an office, usually paid once or twice a month.

• Career

• Unemployment

• Salary

• Invest

The money that is available to a person or an organization and a plan of how it will be spent over a period of time.

• Invest

• Taxes

• University

• Budget

The ability to use knowledge and skills to manage one's financial resources effectively for lifetime of financial well-being.

• Inflation

• Wants

• Financial Literacy

• Career

The series of jobs that a person has in a particular area of work, usually involving more responsibility as time passes.

• Vocational School

• Income Inequality

• Invest

• Career

A place where students can study for a degree after they have finished high school?

• College

• University

• Vocational School

An institution at the highest level of education where you can study for a degree or do research.

• College

• University

• Vocational School

A school that teaches skills that are necessary for particular jobs.

• College

• University

• Vocational School

To buy property, shares in a company, etc. In the hope of making a profit or to spend money on something in order to make it better or more successful.

• Income

• Outsourcing

• Job

• Invest