Personal Financial Literacy Vocabulary

A degree usually earned at a community college that is for a specific occupation and can be used towards pursuing a bachelor’s degree.

A degree usually earned from a four-year college or university by completing undergraduate coursework in a specific field of study.

A card that allows you to pay the balance over a period of time, subject to interest.

A card that immediately deducts funds from your checking account.

An addition of money into a bank account.

1. The most advanced postgraduate degree that is obtained after receiving a bachelor’s and/or master’s degree and is extremely specialized in a specific field or occupation

A form of financial aid, based on need, provided by the government that does not have to be repaid.

The amount of money paid on a loan or an investment.

A fixed annual sum that may or may not be dependent on the number of hours worked and usually paid in regular increments, such as monthly

An advanced or postgraduate degree that is obtained after receiving a bachelor’s degree and is highly specialized in a specific field or occupation