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also the financial terms in phone
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STEM
science, technology, engineering & math
arithmetic
everyday math with money
algebra
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geometry
measurement, relationship of points, lines, angle, surfaces
math
is a problem solving training ground
personality types
thinker, organizer, giver, or adventurer
does the risk of the expense justify the reward?
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gourmet coffee
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alcohol
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ordering in meals
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budget
a plan to coordinate resources and expensditures, a set of goals regarding ,mey
steps to budget
1) gather info about what you earn
2) figure out whats going out
3) analyze the difference between earnings & expenditures
4) come up with creative ideas about how you can make changes
5) take practical action to adjust spending or earning so you can come
common sources of income
-loans
-grants
-scholarships
-internships
-take home scholarships
expenses
-credit cards
-tuition
-entertainment
-insurance
-utilities
-rent
-room&board
-transportation
ways to save $
-shop in grocery stores for food
-no take out orders
-share living spaces
-fill water bottle
-keep a student ID for all times for discount
-free fun on campus
-walk, bike, carpool, rollerblade
-use on-campus exercise facilities & services
the better the GPA
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credit score
a measure of how likely you are to pay your bills, calculated from a credit report using a standardized formula
creditor
a person or company to whom a debt is owed usually $
over-reliance on family support
ppl stay in school forever b/c they don't want to be on your own
compound interest
interest calculated on the principal (original investment) as well as the interest already added to the account
what do you spend your $ on?
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stereotypes
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ethnocentrism
the belief that your own culture is superior to all others, and that the beliefs & values held by that culture are correct