Jobs
What are some factors that influence career choices?
salary, job satisfaction, work-life balance, location, and personal interests.
What are the two main types of financial fraud?
fraud and scams
What is budgeting?
Budgeting is the process of balancing your income with your expenses.
How do people typically get paid for their work?
People can get paid through various methods, such as salary, hourly wages, piece work, commission
What are the key differences between fraud and scams?
fraud is a general term for tricking someone for financial gain, while scams are a specific type of fraud that are usually smaller and quicker. Scams often involve simple and faster tricks.
What are the key components of a budget?
A budget typically includes income, expenses, and savings.
What is the difference between a permanent and a temporary job?
A permanent job is a long-term position, while a temporary job is hired for a specific time period, often with a known end date.
What are the types of identity theft?
phishing, vishing, smishing
What are some common sources of income?
Salary and commission
What is the importance of job satisfaction?
Job satisfaction is important because it can lead to increased productivity, better work performance, and overall happiness and well-being.
What are the elements of a bank statement that should be reviewed?
the account holder details, account member details, statement period, balance information, deposits, withdrawals, interest earned, and available balance on a bank statement.
What are some examples of expenses?
rent, utilities, groceries, and entertainment.
What is the difference between a full-time and a part-time job?
A full-time job generally involves working 35 or more hours per week, while a part-time job involves working fewer hours.
What are the steps for reading a bank statement?
reviewing the account holder and member details for accuracy, ensuring the statement received is as expected, checking the balance information, verifying deposits and withdrawals, and confirming the interest earned and available balance.
Why is saving important?
Saving is important for setting aside money for future needs, such as emergencies or purchases.