Financial Literacy
What's an example of good debt and why?
Car loan
Mortgage
Student loans
low-interest credit cards
What are the 5 Love Languages?
Acts of Service
Quality Time
Receiving Gifts
Words of Affirmation
Physical Touch
You're offered to get paid $10 per hour. This is called an
Hourly rate
"I'm just lucky". This is an example of an ____ Locus of control
external
What technique does the power of positivity use?
Positive thinking
What's the difference between gross pay and net pay?
Gross pay is what appears on your paycheck before taxes and other deductions are taken out.
Quality Time
This is described as your final pay after taxes and deductions.
Net pay
What primary lesson does understanding your locus of control teach you?
To take control of the things you can and to not try and control the things you can’t.
Debra stepped on my shoes at bell change last week and didn't apologize. I don't like her.
This is an example of what thinking?
Negative thinking
Jeremy takes out a business loan from his bank to finance his business. What type of debt is this considered?
Good Debt
JoJo got a Playstation for his birthday and plays it occasionally. He also keeps his birthday cards on his mirror so he can look at them in the morning. What is her primary love language?
Words of Affirmation
What's the major difference between a career and a Job?
Careers require expertise in a field while a job may not.
"Luck is what happens when preparation meets opportunity". What Locus of Control is this and why?
Internal. It stating that preparing for a situation leads to a greater chance (i.e. luck) of sucess).
What are 3 effects negative thoughts have on your health?
Weaken immune system, decrease libido, cause anxiety and depression.
What is money?
Money is a physical representation of a people’s confidence in their economy. This typically utilized as paper bills or coins.
Someone who enjoys their personal space. What is likely not their love language?
Physical Touch
What are 3 major benefits of being salaried?
Benefits package, steady pay, work-life balance
What are the 4 agreements?
Be impeccable with your word
Don't take anything personally
Don’t Make Assumptions
Always Do Your Best
What are 3 effects positive thoughts have on your health?
strengthen your immune system, increase libido, and increase happiness
What is inflation? How can we protect the money we earn from it?
Inflation is a change in the value of money based on consumer confidence in an economy. You can protect money from it by converting it into natural resources or low-risk stocks.
Dorian really wants to go feed the homeless for his birthday but is really hoping to have a surprise party. He also made a public list on Amazon of his favorite things just in case. What are his love languages?
Receiving gifts
Acts of service
Quality time
What is the overtime rate
1.5 time your regular rate of pay
Which of the 4 agreements will help you in writing an email to your boss?
Be impeccable with your word
What are the four agreements meant to teach us?
How to reach our full potential as well-balanced and happy people, and how to remove the weight of other people's expectations of us.