Budgeting & Saving
When should you start saving for retirement?
Name one Treasury Program.
Oregon College Savings Plan, Baby Grad, Kinder Grad, ABLE Savings Accounts, Diversity Scholarship, OCSP Tax Credit.
Who is the current Treasurer for Oregon?
Tobias Read
True or false, college is the only form of education after high school.
False! Trade school is one example of further education after high school.
Mando is short for what?
Mandalorian
Name 3 long term savings goals
Car, Retirement, College, etc.
How old do you have to be to start a OCSP account?
No minimum age required!
Who is the current Governor of Oregon?
Tina Kotek
Name one program that can help you save for college.
Oregon College Savings Plan!
What mountain erupted in 1980?
Hint - It is roughly 50 miles north of Portland
Mount St. Helens
False! Most credit union accounts do not come with a monthly fee.
True or false, you have to have a social security number in order to open a OCSP account.
True however a Tax ID would also suffice.
What are the three different branches of government?
Legislative, Executive, Judicial
True or false, student loans can be completely forgiven.
True, public sector jobs usually come with the benefit that student loans will be forgiven after 10-20 years.
Name the Ninja Turtles.
Don, Raph, Mike, Leo
What is the 50, 30, 20 rule?
50 goes towards needs, 30 towards wants, 20 towards savings.
True or false, you can link your Bottledrop account to your OCSP savings account to make deposits into it.
True! In fact, anyone who has a Bottledrop account can do this!
When was Oregon admitted into the union (recognized as a state)? OR, Oregon is considered the _______ state to be admitted into the union.
Feb 14th, 1859 or 33rd.
How often do you have to fill out the FAFSA?
Every year when attending higher education or looking to acquire financial aid.
What car was used in Back to the Future?
A DeLorean
Name one type of retirement savings account.
401k, IRA, Roth IRA, etc.
What is the ABLE Savings Program?
It is a Treasury account/program that specifically aligned for differently-abled individuals up to age 26.
Who was the only Oregon Governor to serve 2 non-consecutive terms?
John Kitzhaber
Which is better, unsubsidized or direct subsidized loans? Why??
Direct Subsidized because the federal government will pay for the interest while you are attending school. Unsubsidized will continue to accrue interest while in school and will have to be paid back upon graduating.
What is the hardest natural substance in the world?
Diamond.