Budgeting
In your own words explain Budgeting?
ex. Limit of money that you can spend.
Which of the following is not a career?
Real Estate Agent
Sleeping
Lawyer
Teacher
Sleeping
Is three hundred eighty-seven. 39 written out correctly for a check?
No
list two pathways of a career
going to college, trade school, work experience
What are two examples of what we use Credit for?
Loans- House, Car, Personal, student
Credit cards
What is an expense that stays the same from month to month?
Fixed Expense
An occupation undertaken for a significant period of a person's life is called
Earnings automatically deposited into bank accounts, saving time, effort, and money is called?
Direct Deposit
true or false is there multiple pathways to get a job.
true
record of a borrower's responsible repayment of debts
credit history
What are THREE examples of a variable expense?
ex.) Gas, Food, Water, Electric
Specific knowledge or abilities that let you tackle job-specific duties that you learn through courses, vocational training, and on the job.
Hard skills.
What is... banking through online services, such as a website that allows you to check balances, pay bills, transfer funds, compare savings plans, and apply for loans online.
Online/Mobile Banking
What type of education is to help prepare you for work in a specific field/vocation. Usually a two year or less program, that you gain a certificate from.
Trade school
a record of the borrower's credit history from a number of sources.
credit report
What are THREE examples of non- essentials?
Entertainment, movie rentals, hair/makeup/nails, Magazine subscriptions
personality traits and interpersonal skills that are needed to communicate and work with others.
soft skills
A type of bank account that allows you to easily deposit and withdraw money for daily transactions?
Checking Account
list two types of financial assistance for collage
loans, scholarships and student aid
this type of mortgages interest rate remains the same for the entire life of the loan.
fixed-rate mortgage's
What are THREE examples of an ESSENTAIL FIXED EXPENSE?
Mortgage/rent, Insurance, Car payments, Student loans
list three hard skills for a hairdresser
hairstyling, washing hair, cutting hair.
Give TWO examples of fees you many be charged for from your bank?
Service/Maintenance fee
overdraft fee
Out of Network ATM Fee
Excessive transaction Fee
Early account closing Fee
true or false a long-term goal of mine is to be a banker in one year.
false
Name the three types of credit?
Single payment
Installment
Revolving