Decision Making
Something that you would really enjoy, but can live without
What is a want
This degree is the minimum needed for the vast majority of jobs currently available
What is a High School diploma/degree
Reasons we pay taxes include (name three)
Funding roads, schools, police, fire department, parks, utilities, government, military, public assistance, others
The name for the system of people who perform exams, give vaccines, perform surgeries, and help keep you healthy
Who are Healthcare professionals
This is a "piece" of a company that you hope to buy for a lower price and sell for a higher price
What is a Stock or "Share"
Something that you would really enjoy, but also cannot live without
What is a need
These groups of workers show solidarity with one another, and sometimes even go on strike for better pay, benefits, and treatment.
What are Unions
This is the total amount of money that we earn in a year
Gross compensation, total income, total compensation, gross income
The name for the system that handles the financial side of going to the doctor in the USA. You pay monthly so that you can get doctors visits and medicine partly paid for.
What is Healthcare
This is the amount of money that you hope to earn by investing into the "Stock Market"
What is "interest"
An error in our thinking that leads to unfair or innaccurate choices
What is a Bias
This kind of work includes electricians, plumbers, welders, mechanics, and many other hands on skills.
What are trades.
This is the percentage of our income that we actually pay taxes on (not the tax rate)
What is our taxable income
This form of Health Insurance is free for California Residents, but you HAVE to sign up for it yourself (you are not automatically enrolled)
What is Medi-Cal
This is a form of investing that allows you to invest money into many different companies at once through a single product; examples include the S&P 500
Benefits of investing in these include...
What are Mutual or Index Funds
Benefits include...
-Lower risk, since you do not lose your entire investment if one company goes out of business
-Higher reward, since most companies are likely to grow over time
A way of answering a question that forces us to think of multiple reasons why we think something
What is the Because123 Rule
You can go to this level of college for two years and then transfer to this other level of college to complete a Bachelors.
What is start at a two-year community college, and then transfer to a 4-year university (state, UC, or private)
The name for the money we subtract from our total income to calculate our taxable income; comes in two options that we must choose between to calculate how much money in taxes we actually have to pay
What are deductions; standard (same amount for everyone) or itemized (differs person to person, some have higher and some have lower)
The United States has this form of healthcare system, where individual people are responsible for paying for their own healthcare
What is a private healthcare system
The Compound Interest Formula
What is
Some countries have a tax-payer funded healthcare system where you can go to the doctor for free; this is called...
What is Universal Healthcare or "Single-Payer"