Budgeting & Saving
What is a budget?
A process to track income and plan expenses
What is networking?
Connecting with others for opportunities
Why should you create a LinkedIn profile?
To build professional connections
What is entrepreneurship?
Starting a business and taking on the risk
Name the two most common types of bank accounts.
Checking and Savings
Why is it important to remember names when networking?
People feel valued when remembered
What kind of photo should go on your LinkedIn?
A clear, professional headshot
What makes a business opportunity “feasible”?
It has a chance to meet customer needs and be successful
What’s the difference between a debit card and a credit card?
Debit cards use your money; credit cards use borrowed money
What is the “Six Degrees of Separation” concept?
You are six steps away from any person on Earth
What should go in the “About” section?
Education, experience, and interests
One way to identify a business opportunity is to…
Follow trends and solve customer problems
What does APY stand for?
Annual Percentage Yield
Name three best practices when meeting someone new.
Firm handshake, dress professionally, listen well
What should you include when connecting with someone new on LinkedIn?
A short, polite note explaining why you're connecting
What does PEST stand for?
Political, Economic, Sociocultural, Technological
Name two ways using a credit card irresponsibly can hurt your finances.
Hurt your credit score and create long-term debt
Which is a good networking conversation starter?
“What do you like most about your current job?”
Why is it important to update your LinkedIn?
To reflect your career progress and skills
How does SWOT differ from PEST?
SWOT includes internal strengths and weaknesses