Money Management
What is a budget?
A plan for how you'll spend your money
What is a checking account?
An account that does not accrue interest, and is used for daily spending for bills, purchases, etc.
What is meal prepping?
Preparing meals in advance for the whole weeks. Helps with budgeting/lowering costs, time management, and usually healthier than eating out
What's one thing you should wear to a job interview?
Clean, appropriate clothing
You are scheduled to work at 8am, you wake up late and you will be to your shift. What do you do?
Contact your boss/manager
Name two bills adults commonly pay
rent, electricity, water, phone, internet, insurance
What is a credit card?
An account that lets you borrow money for purchases and requires you to pay back what is spent including interest. (usually high interest rate for first credit card) 22 or 24%)
How often should you see your Primary care doctor?
Every year/as needed for illness/injury
Why is it important to arrive early to work?
It shows responsibility and reliability
You're cooking in the kitchen and your pan catches on fire what do you do?
Turn off stove, retrieve fire extinguisher, and spray pan
DO NOT PUT IT IN WATER.
What does it mean to "live within your means"
Having spending habits that match your income/are appropriate for your income
What are the two main retirement accounts?
Roth IRA, 401k
How many hours a night is recommended that you sleep?
8-10
What is a resume?
A document that outlines your education, training/skills, certifications, and past work experience.
If you are in a minor car accident, what should you do first?
1. Get off major roadway
2. Call police
3. Contact insurance
Why is an emergency fund important?
1. unexpected medical bills
2. unplanned maintenance/damages to property (flat tire, ertc.)
3. unplanned sick leave
Explain the steps of opening a bank account
1. Visit a bank online or in person
2. Have necessary ID/social security
3. Bring deposit/have deposit ready (cash or check)
4. Set up online banking
Name three things you should always keep in your car
Jumper cables, insurance, spare tire, registration, first aid kit
Your coworker asks you to clock in for them, but they are not at work, what should you do?
Say no
When should you go to the ER vs. urgent care/clinic
ER- major/life threatening illness or injury, chest/heart pain/head injuries, significant bleeding
Urgent care/clinic - flu like symptoms, fever, minor injuries, cuts, stitches
What does "APR" mean?
Annual percent rate
What is a brokerage account?
An investment account that manages your monetary investments in stocks and shares of companies/corporations. This includes mutual funds.
On average for females how many calories do you burn a day?
2,000
What is networking?
Getting to know people who can help you learn about opportunities, helping others while building professional connections
What do you do if you are driving and blasting rod wave, Dee baby, Hunxcho, or little Mikey and you get pulled over for speeding and you get a ticket?
Go to court
or
Not go to court and pay ticket and it will be added to your driving record