Unit 3 Personal Finance

Readings                                                                    Worksheet          

pp. 46-48                                                                    pp. 61 and 62  

                                                pp. 63 and 64 

                                                                                  p    67  

pp  52-54                                                             pp. 68 and 69 

pp. 55-57                             

Terms

A

Human Capital

Vocational Training (VT)

Associates Degree (AD)

Bachelors Degree (BA, BS)

Masters Degree (MBA, MAED)

Professional Degree (MD)

Doctorate (PHD)

B

principal

finance charge

Identity theft

loan scam

credit repair scheme

Financial aid scam

Pyramid scam

Payday loan

Rent to Own

APR annual percentage rate

co-signer

C

Budget

Income

Assets

Liabilities

Net wealth

Balance sheet

Fixed expenses

Variable expenses

D

Term insurance

Whole life insurance

Universal life insurance

HMO

Individual vs. group insurance

Managed health care

Liability insurance