I.L. Midterm Review - SPRING 2024

A plan for spending and saving money and paying expenses:

What does the “A” in SMART Goal stand for?

What is the definition of a long term goal:

An expense that remains the same amount every month, an example would be rent or a car payment.

A number assigned to a person that indicates to lenders their capacity to repay a loan.

Luna just moved into a new apartment. She attends college and works part-time at Starbucks. Luna opened a new credit car to purchase all new furniture and a Play Station 5 for her apartment. She maxed out her new card at the $5000.00 limit. She opened another credit card account with her credit union. She spent$1000.00 on clothes and a new iphone. Her budget is tight but she can probably make the minimum payments on her cards with her tips from work. Will her credit score go up or down?

Skills that will easily transfer into most jobs and are desired by most employers

The act of meeting and interacting with others to develop professional contacts

An event where multiple employers can meet with potential employees

A person who owns property and rents it

Government owned housing offered to low-income families, people who are disabled, and the elderly

Never put this in the microwave:

A contract between a landlord and a tenant that conveys land, property, services, etc. to another for a specified time, usually in return for a periodic payment

A loan to help you purchase a home.

Job applicants must send a cover letter ___________ sending their resume.