Earning an Income
How many hours do part time employees work?
What is under 40 hours a week
A written request for employment
What is a job application
A charge usually of money levied by the govt (local, state, or federal) on persons or property
What is tax
unexpected money that comes from inheritance, gifts, lottery winings, or gambling winnings
What is windfall income
offered from a bank/credit union, must be held for a set amount of time, least liquid
What is a Certificate of Deposit (CD)
How many hours does a full time employee work?
What is over 40 hours a week
What types of things should you not do during an interview?
What are chewing gum, be on your phone, avoid eye contact, etc.
Tax on tobacco, alcohol, and gambling winnings
What is sin tax
most common method of payment, employee is responsible for handling the paycheck
What is a paper paycheck
Where is a money market account offered?
What is a bank or credit union
You earn a certain amount of money each year regardless of the number of hours you work
What is a salary
Who should you use as references?
Who are teachers, former employers, counselor, etc.
Why does the government tax?
What is to provide public goods and services and to change behaviors like recycling, discourage smoking and drinking
income deposited directly into the employee's bank account; secure method of payment
What is Direct deposit
What can be bought on your own or through a broker?
What are stocks and bonds
What are the different types of bonuses salary workers can receive?
What are Signing bonuses, commissions, and gain sharings
Who should you not use as references on an application?
Who are friends, relatives, classmates, etc.
the more money you earn the higher tax rate you pay
What is Progressive Tax System
earnings are electronically loaded onto a prepaid card; 24 hour access; PIN protection; safer than carrying cash
What is a Payroll card
What is an IRA usually used to save for?
What is retirement
How much does an hourly employee get paid for working over 80 hours in a 2 week period?
What is 1 1/2 times the hourly wage
What are ways that you can find a job?
What is online, job fairs, newspapers, etc.
January 31
When should you receive your W-2
What form of payment requires a VOID check?
What is Direct deposit
Certificate of Deposit, Money Market Accounts, IRA's, Stocks, Bonds, Real Estate/Businesses
What are long term strategy investments