Unit 1 Personal Fiance - Career Planning

a written requst for employment, typically on a form provided by the potential employer

• budget planning

• job application

• resume

• cover letter

a one page business letter that you submit when applying for a job

• personal finance plan

• reference

• cover letter

• liability

Things that you own that have financial value to others

• assets

• liabilities

• liquidity

The ease with which an asset can be converted into cash

• net worth

• liabilities

• assets

• liquidity

a long term plan that includes details about your cash flow, savings, debt, investments, insurance and other financial aspects

• personal finance plan

• budget plan

• opportunity cost

• job application

the combination of what you own (assets) subtracted by what you owe (liabilities)

• opportunity cost

• liabilities

• cover letter

• net worth

someone who can answer questions about your work history, skills, abilities, and work style

• net worth

• reference

• job application

• asset

the value of what you lose when you choose from two or more alternatives

• financial plan

• opportunity cost

• budget plan

• net worth

Debts you may have including personal loans, credit cards, student loans, unpaid taxes, and mortgages

• liabilities

• assets

• net worth

• cover letter

a spending plan that maps out the amoutn of income vs. the amount of expenses for a month

• opportunitty cost

• personal finance plan

• budget plan

• net worth