Final Exam

• goals: Things you hope to achieve in your life, like getting a good job, completing your college degree, getting married, owning your own home, or running in a marathon.
• health: The condition of your body and mind. A person can be in good health or in bad health, both physically and emotionally.
• nutrition: The system in which our bodies use food to fuel growth and maintain good health.
• opportunity cost: What is lost by choosing one option instead of another. For example, the opportunity cost of going to a movie might be a lost trip to the gym.
• sedentary: A description of the lifestyle that involves a lot of sitting around and not enough physical activity.
• stress: Mental or physical tension caused by worry over problems we may be experiencing in life. Stress is a negative emotion.
• time management: Organizing and using your time in a way that allows you to meet your daily needs as well as your short- and long-term goals with as little stress as possible.
• abilities: Natural or acquired skills or talents.
• aptitude: An inherent ability or talent.
• benefits: Entitlements, such as health or life insurance, available in accordance with a wage agreement, insurance policy, or program.
• career: A chosen pursuit, profession, or occupation.
• career path: A planned progression of jobs within one or more professions throughout one’s working life.
• cover letter: A letter you send with your résumé to provide more information about you.
• education: The process of acquiring knowledge and developing skills, often through formal schooling.
• job: A regular activity performed in exchange for payment.
• résumé: A brief account of one’s work experience and qualifications.
• salary: A fixed compensation paid regularly for services.
• skills: Proficiency acquired through training or experience.
• standard of living: A level of material comfort as measured by goods, services, and luxuries.
• budget: An itemized summary of probable expenditures and income for a given period.
• deficit: The amount by which expenditures exceed income.
• expenditure: An amount of money spent.
• fixed expense: An unchanging expenditure.
• flexible expense: An expenditure that varies.
• income: Money received.
• irregular income: Money received from gifts, odd jobs, and so on.
• savings: Money that is not spent.   
• surplus: The amount of money remaining after all expenses have been met.
• take-home pay: Money received after all adjustments and deductions are made.
• unexpected expense: An unforeseen cost.
• landlord: The company or individual who owns an apartment.
• lease: A legal document signed by both the tenant and the landlord that contains the terms of the agreement, such as the names of the tenant(s), the rent amount, and the responsibilities of the landlord and the tenant.
• location: The location of your apartment is an important safety consideration and also determines your ease of getting to work, buying groceries, and so on.
• notice: The amount of time required in advance if either the landlord or the tenant wishes to discontinue the rental agreement. This courtesy allows both parties time to make other arrangements.
• rent: The payment, usually monthly, that the tenant pays to the landlord.
• security deposit: A sum of money, usually equal to one month’s rent, held by the landlord to cover any damage to the apartment caused by a tenant.
• tenant: The person renting the apartment.
• term: The length of a rental agreement, usually a period of one year.
• unit: One individual apartment. A large apartment building may contain 20 or more units.
• utilities: Services needed to make a house or apartment functional, such as hot water, electricity, natural gas, and cable and Internet service.