NEW LITERACIES DAY2 Flashcards
The ability to make informed judgments and make effective decision regarding the use and management of money
financial literacy
comprehensive statement of an individual’s long term objectives for security and well-being and detailed savings and investing strategy for achieving the objectives
financial plan
an estimation of revenue and expenses over a specified future period of time and is usually compiled and reevaluated on s periodic basis
budget
the process of creating a plan to spend money
budgeting
when you have saved more money that what you expect at a time of need, consider _______ to earn more interest
investment/investing
set money aside (extra money)
saving
setting aside a little money for emergencies
emergency savings fund
a contract (in the form of policy) between policy holder and the insurance company, whereby the company agrees to compensate for any financial loss from specific insured events
insurance
type of insurance that compensates beneficiaries upon the death of the policyholder
life insurance
types of life insurance
*simplest/cheapest
*entails low premium requirements
*no benefit if the policy holder outlives the term period set
term
types of life insurance
*both life protection and investment
*no maturity age
Variable Universal Life
(VUL)
types of life insurance
*provides coverage for the policy holder’s entire life or until they reach 100 years old
*offers permanent protection
*requires higher premiums
whole life
types of life insurance
*most specific
*grants a lump sum after a specified amount of time ore upon death
*saving up for specific purposes
*guarantees returns
endowment
considers the ecological systems and awareness of how society operates within natural aspects as an educational imperative
eco-literacy
a school that engages the school community, especially children, in critical thinking and learning by adopting participatory, practical and collaborative approaches to work
THE SCHOOL SHOULD EDUCATE THE STUDENTS ABOUT ECO-LITERACY
GREEN SCHOOL
A GREEN SCHOOL ADHERES TO THE FOLLOWING PRECEPTS
*focuses mainly on acquisition of knowledge and understanding of surroundings and related issues
learning ABOUT the environment
A GREEN SCHOOL ADHERES TO THE FOLLOWING PRECEPTS
refers to the process of learning WHILE BEING ENGAGED with environment inside and outside the classroom
learning THROUGH the environment
A GREEN SCHOOL ADHERES TO THE FOLLOWING PRECEPTS
aims at developing an informed response and responsibility towards the environment beyond acquisition of skills and knowledge
learning FOR the environment
entails the development of social skills, knowledge and positive human values towards desire and ability in human being to act and react positively and responsibly in a wide range of complex social setting
social literacy
PEOPLE SKILLS/SOFT SKILLS
people with high social assertiveness have more focused energy and more clarity in their interaction
being socially assertive
PEOPLE SKILLS/SOFT SKILLS
people with great presence take it easy in making connections
crafting a memorable presence
PEOPLE SKILLS/SOFT SKILLS
knowing how to present one’s self and in turn gets one’s message across
mastering communication
PEOPLE SKILLS/SOFT SKILLS
people who can sustain lasting confidence are able to conquer their shyness, avoid awkwardness, and get through their anxiety
sustaining lasting confidence
PEOPLE SKILLS/SOFT SKILLS
they are people whom others may fond of listening to and discussing with
being an excellent conversationalist
levels of interaction
first five minutes
first impression (time to decide if someone is worth getting to know)
levels of interaction
first five hours
rapport building
levels of interaction
first five days
ultimate level of trust and connection
it is about understanding ethnic groups that compromise the population and focuses on complex issues of identity, diversity and citizenship
multicultural literacy
aims to address issues of globalization, racism, diversity and social justice
global literacy
refers to skills, values and behaviors that prepare young people to thrive in a diverse, interconnected and rapidly changing world
global competence
