What is a full-time job?
Working for an employer for a set number of hours, typically 40 hours per week, receiving a salary or hourly wage.
What is entrepreneurship?
Starting and running a business.
What are stocks?
Shares of ownership in a company.
What is content creation?
Earning money by creating content for platforms like YouTube or blogs.
What are royalties?
Earnings from intellectual property like books, music, or art.
What is a part-time job?
Working fewer hours than full-time employment, often with flexible schedules.
Give an example of a service-based business.
A local bakery, photography, or tutoring.
How can you earn money from real estate?
By buying, renting, or selling properties.
What is affiliate marketing?
Earning a commission by promoting products or services.
How can rental income be earned?
By renting out property or equipment.
What is freelance work?
Providing services or skills on a temporary or project-by-project basis.
What are gig economy jobs?
Short-term, flexible jobs often coordinated via apps or websites.
What are dividends?
Earnings from owning shares in companies that pay dividends.
Name one way to monetize a blog.
Ads, sponsorships, or donations.
Give an example of passive income.
Earnings from investments, real estate, or royalties.
Name one common field for freelance work.
Writing, graphic design, web development, or consulting.
Name one platform where gig economy jobs can be found.
Uber, DoorDash, or TaskRabbit.
What is a bond?
A fixed income investment where an investor loans money to an entity.
What is an e-commerce store?
An online store where goods are sold.
What is a patent?
A legal right granted for an invention, allowing the inventor to exclude others from making, using, or selling the invention.
Why might someone choose part-time work over full-time work?
To have a more flexible schedule or to balance other responsibilities.
How can someone benefit from being self-employed?
Greater control over their work schedule and potential for higher earnings.
What is a mutual fund?
An investment vehicle made up of a pool of money collected from many investors to purchase securities.
How can someone sell handmade goods online?
Through platforms like Etsy or eBay.
Why is passive income important?
It can provide financial stability without direct daily effort.