Terminology
Asset
anything that has current or future economic value to a business.
What percentage of Millennials have seriously considered switching jobs due to workplace stress?
50%
Learning about go financial habits can be boring at times?
True
How old do you have to be to invest in the U.S. Stock Market?
18
the legal debts one owes to third-party creditors
What percentage of employees need employer's help to make sure they are healthy and financially secure?
70%
I don't need to think about financial strategies until I have a consistent income?
False
57
Interest
the monetary charge for borrowing money
What percentage of organizations say their well-being strategy is part of how work is designed?
20%
Buying a stock while the economy isn't doing well is a great idea?
True
What is the average "happy income" for an individual?
$60,000 to $75,000
Bear Economy
a market experiencing prolonged price declines.
What percentage of business startups fail in the first year?
10%
Less than 10% percent of women are investment bankers?
False
If you work 40 hours a week up until 65 years old, how many hours of your life would you spend working?
90,000 hours
Bull Economy
a market that is on the rise and where the economy is sound
What percentage of business startups fail between year 2 and 5?
70%
Your financial situation is solely determined by the income you make from your job? Why or why not?
True: If you don't have any other streams of income, the you are stuck in that financial situation.
False: If you have more than one stream of income such as passive incomes, you can make more money from those than your work salary.
Who wrote the first resume?
hint: famous person from 15th century
Leonardo Da Vinci