The willingness to give up something you want now in order to get something better in the future

Smaller choices that can result from a major decision 

the loss of potential gain from other alternatives when one alternative is chosen over another (A trade off )

an occupation undertaken for a significant period of a person’s life and with opportunities for progress & promotions 

A paid position that you can obtain because you have had certain educational training, not necessarily work experience

Where you can "earn while you learn".  You will get on the job training, while making money and going to minimal classes.

a way for students to earn money to pay for school through part-time on campus jobs

A spending plan for managing your money during a given amount of time

The money you make before taxes and other expenses are deducted

An amount of money you spend every month, however the amount fluctuates each time you pay for it

Small income for the elderly, disabled, or orphaned 

A financial institution that is a for-profit business that is owned by its investors.

A financial institution that is a not-for-profit business that is owned by its members.

 A deposit account held at a financial institution that allows withdrawals and deposits.

An account with a low (no) minimum balance, extremely low interest rate, ease of withdrawal, and is insured by the FDIC

Type of credit that has fixed payments with a set period of time to repay (loans)

Type of credit that has no stated payoff time, but has required minimum monthly payments (credit card)

something pledged as security for repayment of a loan, to be forfeited in the event of a default

the reduction of a loan balance through payments made over a period of time

Lending to a company or the government and earning interest after a specific amount of time.

When a company combines the funds of many different investors, then invests that money in a diversified portfolio of stocks and bonds

Share of profits distributed in cash to stockholders

A tax advantage individual retirement account that allows you to withdraw your savings tax-free. You pay taxes when you invest the money, not at retirement.

A financial product purchased by many people facing a similar risk to protect against the risk of larger losses 

Money paid to purchase an insurance policy 

A formal request to an insurance company asking for a payment when the policyholder has an accident, illness, or injury 

The out of pocket money paid by the policyholder before an insurance company will cover the remaining cost attributed to the loss