Dave Ramsey Chapters 1-9
Vocab 2025 with complete
verified solutions
accountability - answer responsibility to someone or for some activity
allowance - answer money given to a child by his/her parent/ guardian,
typically on a weekly basis
commission - answer a fee paid for providing a service/earning money
based on the work you do
fiscal - answer having to do with money
free spirit - answer a person who things, "everything will work out fine,"
and typically hates to deal with numbers
nerd - answer one who is picky about budgeting and numbers
self - esteem - answer one's attitude about themselves
value system - answer a person's priorities, beliefs, and standards
considered important to you
work ethic - answer how motivated, loyal and honest you are in your
work
emergency fund - answer Three to six months of expenses in readily
available cash to be used only in the event of an emergency; Baby step 3:
gives women a sense of security
, Auction - answer A public sale in which property or items of merchandise
are sold to the highest bidder.
Consignment Shop - answer Retail store where people sell items and the
owner of the shop gets a percentage of the sale.
Estate Sale - answer Type of yard sales with more items, usually the
entire contents of a household.
Foreclosures - answer Process by which the holder of a mortgage sells
the property of a homeowner who has not made interest and/or principal
payments on time as stipulated in the mortgage contract.
Integrity - answer Having to do with a persons honesty and moral
attributes.
Markup - answer The difference between the wholesale price and retail
price.
Negotiating - answer To bargain for a lower price.
Patience - answer The ability to wait or delay an action without becoming
upset or annoyed.
Walk Away Power - answer The ability to walk away from a purchase
when negotiating.
Win-Win - answer A negotiation where both parties benefit.
Annual Percentage Rate - answer The cost of borrowing money on an
annual basis. Takes into account the interest rate and other related fees
on a loan.
Vocab 2025 with complete
verified solutions
accountability - answer responsibility to someone or for some activity
allowance - answer money given to a child by his/her parent/ guardian,
typically on a weekly basis
commission - answer a fee paid for providing a service/earning money
based on the work you do
fiscal - answer having to do with money
free spirit - answer a person who things, "everything will work out fine,"
and typically hates to deal with numbers
nerd - answer one who is picky about budgeting and numbers
self - esteem - answer one's attitude about themselves
value system - answer a person's priorities, beliefs, and standards
considered important to you
work ethic - answer how motivated, loyal and honest you are in your
work
emergency fund - answer Three to six months of expenses in readily
available cash to be used only in the event of an emergency; Baby step 3:
gives women a sense of security
, Auction - answer A public sale in which property or items of merchandise
are sold to the highest bidder.
Consignment Shop - answer Retail store where people sell items and the
owner of the shop gets a percentage of the sale.
Estate Sale - answer Type of yard sales with more items, usually the
entire contents of a household.
Foreclosures - answer Process by which the holder of a mortgage sells
the property of a homeowner who has not made interest and/or principal
payments on time as stipulated in the mortgage contract.
Integrity - answer Having to do with a persons honesty and moral
attributes.
Markup - answer The difference between the wholesale price and retail
price.
Negotiating - answer To bargain for a lower price.
Patience - answer The ability to wait or delay an action without becoming
upset or annoyed.
Walk Away Power - answer The ability to walk away from a purchase
when negotiating.
Win-Win - answer A negotiation where both parties benefit.
Annual Percentage Rate - answer The cost of borrowing money on an
annual basis. Takes into account the interest rate and other related fees
on a loan.
