Personal Finance Chapter 2
Career
A commitment to work in a field that you find interesting and fulfilling
Standard of Living
A measure of quality of life based on the amounts and kinds of goods and services a person can buy
Informational Interview
A meeting with someone who works in your area of interest who can provide you with practical information about a career or company of interest
Cover Letter
A personal letter you present along with your resume
Internship
A position in which a person receives training by working wit people who are experienced in a particular field
Cooperative Education
A program that allows students to enhance classroom learning with part-time work related to their majors and interests
Pension Plan
A retirement plan that is funded at least in part by an employer
Mentor
An experienced employee who serves as a teacher and counselor for a less-experienced person
Service Industries
Businesses that provide services for a fee
Trends
Developments that mark changes in a particular area
Networking
Making and using contacts to get job information and advice
Resume
One- or to-page summary of your education, training, work experience, and qualifications
Cafeteria-Style Employee Benefits
Programs that allow workers to choose the benefits that best meet their personal needs
Demographic Trends
Tendencies of people grouped by age, gender, ethnicity, education, or income that change over time
Geographic Trends
Tendencies of people moving from one area of the country to another as financial centers shift locations
Interest Inventories
Tests that help you identify the activities you enjoy the most
Potential Earning Power
The amount of money you may earn over time
Aptitudes
The natural abilities people possess
Job
Work you do mainly to earn money