Wants vs Needs
Budget
Job Growth
Vocab Review
Random
100

Electricity

Need

100

My month budget is $3,500. I pay $1,500 for rent, $400 for all utilities, $300 for food, $70 for my phone, $400 for all insurances, $500 in savings and $200 on all other random expenses. Am I over budget?

No, I have $130 left in my budget.

100
What is an example of an in demand job?

Nurse

100

What is an Occupation?

A job

100

If you have no work experience, what kinds of things can you include on a resume?

Sports teams, Clubs, Volunteer Service, and other extracurricular activities that might apply to the type of job you are applying for. 

200

A phone

Can be both, but is closer to a need because it may be only way to contact you for a job or an emergency.

200

Can I afford a Bentley on a $3,000 monthly income?

No, a new Bentley is $200,000. Monthly financing  on that vehicle like that is over your entire monthly income.

200

What is a good example of job that is in decline?

Fast-food cashier

200

What is a career cluster? Give an example of one.

Broad occupational groupings of specific industry-based jobs.

Examples:

Healthcare/Health Science

Finance

Government

Transportation

Education


200

What does a medium salary mean?

The average of a jobs salary.

300

A house.

Need

300

Is a entertainment an example of fixed or flexible expenses in a budget? 

Flexible

300

What's a fast growing occupation?

Occupations that are growing the fastest base on the number of new jobs being created and job openings from turnover. An occupation can be growing fast but still employ a small number of people

300

What is a cover letter?

A one-page document that you submit as part of your job application (alongside your CV or Resume). Its purpose is to introduce you and briefly summarize your professional background

300

Is it a good idea to update your resume each time you change jobs?

Yes

400

A concert.

Want

400

Should if you have a monthly income of $4,000 and you spend $4,344. Are you over budget? Is yes, by how much and give an example of flexible expense you can make a cut in your budget.

Yes, you are over budget by $344. You could make cuts to going out to eat, entertainment, gifts, membership fees or other example of flexible expenses. 

400

If a job is expected to grow by 100,000 jobs in the next 10 years. Is that an example of job with a bright job outlook.

Yes

400

What is a resume?

A formal document that a job applicant creates to itemize their qualifications for a position

400

What is a good example of something you want from job besides money?

Advancement, Health Insurance, etc.

500


Getting your hair done

Want

500

If you only have a monthly income of $3,000 and your wanting to rent a $2,000 house in Dallas. Is that a reasonable amount of money to be taken from your budget every month?

No, you will not be able to afford anything else on your budgets, like groceries, gas, electricty, etc.

500

What does job outlook mean?

The expected change in employment for specific occupations over a certain amount of time.

500

What is Growth Rate?

The change in the number of jobs added or lost in an occupation or industry over a set period.

500

What is the difference between a salary and hourly income?

Salary is set amount you in a year. Hourly income is set amount you can earn each hour you work and has the possibility of overtime. 

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