Managing Money & Time
What is a to-do list?
A to-do list is a written list of tasks or items that a person wants to accomplish or needs to do. It's a simple way to organize and prioritize tasks, often acting as a memory aid. They are usually things that don't have to be done at a certain time and can fit in anytime you have a few extra minutes.
True or False: People who are emotionally intelligent never get sad or angry.
FALSE. An emotionally intelligent person feels all of the feelings, but they are able to manage or control them/express them in healthy ways.
Auditory learners learn best by listening and hearing information. They benefit from verbal explanations, discussions, and audio recordings. Repetition, summarizing aloud, and participating in conversations also aid their understanding.
True or False: people with a growth mindset believe that persistence, effort, and not giving up is important.
TRUE! A person with a growth mindset believes that people can learn just about anything if they don't give up and work hard toward their goal.
What is an elevator pitch and how can it be used?
An elevator pitch is a concise, professional introduction or brief summary of a person, product, service, or idea, typically lasting 30-60 seconds. It's named after the length of a typical elevator ride and is used to grab attention and spark interest in a short amount of time.
An elevator pitch is used in situations where you need to quickly and effectively communicate your value or idea to someone in a short amount of time, typically within 30-60 seconds. It's useful for networking, job interviews, pitching a business idea, or simply introducing yourself to someone new.
Why is it important to use a budget?
A budget is a guide that keeps you on the path to reach your financial goals. Budgeting keeps your finances under control, shows when you need to make adjustments to your spending, and helps you decide where your money goes instead of wondering where it all went. It helps you make sure you can live the life that you want to live and helps you know what type of job you may need to support that lifestyle.
Please give an example of someone who has shown GRIT in their life.
Examples will vary. To show GRIT, the person persists and doesn't give up in a tough circumstance.
How do visual learners learn best?
Visual learners excel when presented with information in visual formats like diagrams, charts, and images, rather than through written or spoken words. They learn best by seeing how concepts relate to each other and prefer to process information holistically rather than in a step-by-step manner.
True or False: Someone with a fixed mindset is afraid to try new things, avoids challenges, and often gets jealous of other people's accomplishments.
TRUE
What is a cover letter?
A cover letter is a one-page business letter sent with a resume to introduce yourself to an employer and explain why you're a good fit for a specific job. It complements your resume by providing more context and demonstrating your enthusiasm for the position and company.
What are 3 ways that people can overcome procrastination/manage their time well?
-break down tasks
-set realistic goals and deadlines
-eliminate distractions
-reward yourself as you complete things
-be kind to yourself
-set SMART goals
-prioritize tasks
-use a calendar
-create a to do list
-learn to say no
-take breaks
-prioritize sleep
-etc.
How can being emotional intelligent benefit your relationships/friendships?
Being emotionally intelligent can significantly enhance relationships and friendships by improving communication, fostering empathy, and building deeper connections. Individuals with high emotional intelligence can better understand and manage their own emotions, as well as recognize and respond to the emotions of others, leading to more harmonious and fulfilling interactions.
How do kinesthetic learners learn best?
Kinesthetic learners learn best through physical activity and hands-on experiences, engaging their bodies to process information. They benefit from activities that involve touching, moving, and manipulating objects, making abstract concepts more concrete.
How do people who have a growth mindset think?
-believes abilities and intelligence can be developed through dedication, hard work, and perseverance
-embrace challenges and trying new things
-views mistakes as learning opportunities
-persists in difficult circumstances
-inspired by other's success
-learns from failure
-persistant and resilient
-focuses on the process of learning
What is a resume?
A resume is a document that summarizes an individual's work experience, skills, and education, typically used when applying for a job. It's a brief, formal account of a person's career qualifications, designed to showcase their qualifications to potential employers.
What are some reasons that people procrastinate?
-busy
-don't understand the subject
-get overwhelmed
-underestimate how long an assignment will take
-perfectionism
-fear that they won't do it well
-lack of interest in assignment
-bad habits
-distracted
-etc.
What is a definition of GRIT?
Grit mindset is about perseverance and passion for long-term goals. It involves sustained effort and a commitment to achieving a goal, even when facing challenges or setbacks. This mindset is characterized by a strong desire to achieve a long-term goal and the willingness to put in the necessary work to overcome obstacles.
How do Reading/Writing learners learn best?
Reading and writing learners, also known as verbal-linguistic learners, learn best through written text and activities. They excel at absorbing information by reading and taking detailed notes, and may struggle with primarily oral presentations. To maximize their learning, these learners should focus on note-taking, summarizing, and writing exercises.
How do people who have a fixed mindset think?
-Afraid to try new things
-Avoid challenges
-Gives up easily
-Personality traits, intelligence, and abilities are innate (people are born that way) and unchangeable no matter how much effort someone puts into learning or changing
-Jealous of other's accomplishments
Why should you pay close attention to your resume and make it organized, visually appealing, free from errors, applicable to the job, and brief and to the point?
Hiring managers often have many resumes to go over and spend very little time skimming resumes. Resumes must catch their eye/interests quickly.
What is something that you learned during our financial literacy (money management) unit that you can start using right now?
Answers will vary. . .
-how to use a budget
-to be wary of payday loans
-how to borrow money wisely for college and other things
-etc.
What does Emotional Intelligence mean?
Emotional intelligence (EI) is the ability to recognize, understand, and manage emotions in oneself and others. It involves self-awareness, self-regulation, social awareness, and relationship management. People with high EI can effectively communicate, solve problems, and show empathy, leading to better relationships and work outcomes.
What is VARK? What do the 4 letters stand for?
Learning styles that are:
Visual
Auditory
Reading/Writing
Kinesthetic
What does SMART stand for in goal setting?
Goals that are:
-Specific
-Measurable
-Attainable
-Realistic/Relevant
-Time Bound
What are some things someone should consider in choosing a career?
Answers will vary.
-interests
-salary
-education/training needed
-current talents/skills
-values
-personality
-strengths
-skills
-job availability
-work-life balance
-passions
-long-term goals
-financial needs