Money
You want a business idea that will make what
What is money?
Your line of work.
What is a career?
Just having this doesn't guarantee you a job
What is a college degree?
Name a business that you could start now to make money?
What is ___________?
The percent of high school and middle school students that plan to start their own business one day
What is 40%?
When income is less than expenses
What is a loss?
A person who works for someone else in exchange for money
What is an employee?
When income is greater than expenses
What is profit?
Payment for work, usually calculated in periods of a week or longer
What is salary?
One thing a compensation package includes
What is pay?
What are benefits?
A person’s take-home pay or income after taxes and other withholdings are taken out
What is Net Pay?
Income produced by working at a job as an employee
What is earned income
A person who organizes and runs a business - and assumes the risks associated with the business
What is an entrepreneur?
The total amount an employee is paid along with any benefits the employee receives
What is compensation?
Income from investments, interest, and earnings, including the sale of an investment at a higher price than you paid for it
What is portfolio income?
The amount of money you get to take home after taxes and deductions
What is Take-home pay?
Payment for work, usually calculated in periods of an hour
What are wages?
The charge or fee for going to school/college/university
What is tuition
Income produced by working at a job as an employee
What is earned income?
A portion of an employee's wages deducted for taxes
What is withholding?
A person's total income prior to withholdings and deductions.
What is Gross Pay?
What is the possible amount of additional money you could earn if you earn a college degree?
What is $15,000 to $30,000?
Something that will help you find satisfaction in your work
What is purpose?
What is something you enjoy?
Income earned from things you own such as houses, land, or other buildings as well as money earned from books, software, or music you have written
What is passive income?
Pays for benefits that workers and families receive for Social Security and/or Medicare
What is FICA (Federal Insurance Contribution Act)?