Gross income - deductions
Net Income or Net Pay
Put these in order from cheapest to most expense:
Private University
Certification Program
Public University
Certification Program, Public University, Private University
What does transferable skills mean?
The same skill set can be applied in different jobs.
What is Bob's gross pay for two weeks if bob works 40 hours a week and gets paid $8.00 per hour?
What is $640.00
What is the net price?
The actual amount you pay after subtracting grants scholarships
Fill in the blank. All entrepreneurs take a ___ when stepping out to start a business of their own.
The big number or the number you see on your pay stub before taxes and deductions are included.
What is Gross pay?
What is the sticker price for a college tuition?
The cost of attendance or estimated about of tuition and fees
Being offered gym memberships, flexible hours, repayment of education loans, merchandise discounts, and childcare as a part of being hired are examples of what?
Employee Benefits or Benefits
What are the two main types of taxes on our paychecks?
FICA and Federal Tax
Give one disadvantage of going to work right after high school and not going to college
Exemplar response: Your pay may not be as high as it would if you were to get a college degree.
This assessment, matches a persons skills, abilities, interests and values with potential jobs.
If bob works 40 hours a week and gets paid $25.00/hr, how much does he make in a year (gross)?
$25.00/hr x 40 hours/week = $1,000/week
$1,000/week x 52 weeks = $52,000
Name the financial aid types in order from MOST attractive to LEAST attractive.
Grants/Scholarships, Work-Study, Federal Loans, Private Loans
This skill allows a person to work effectively with others