Money Management
Name a place you can file your taxes
H&R Block, Turbo Tax, Credit Karma, INTUIT, IRS.gov, TaxAct
What do you fill out to apply for a job?
A job application
Name one way you can get health insurance
Through your employer, private insurance, the government
It's illegal to sell this body part in Texas, even if you're broke?
eye
Name 3 bills you have to pay *monthly* when you live on your own
Rent, electricity, water/sewer/trash, gas, cable, Internet, phone, car insurance, health insurance, renters insurance
What is a bank statement?
A record of deposits, withdrawals and the balance in your account
What do FT and PT mean in a job?
Full-Time and Part-Time (+200 if you can correctly explain the meaning)
How many bones are in the adult human body?
206
In Texas, it’s illegal to shoot this animal from an airplane?
Buffalo
What is co-signer/ guarantor
A person who agrees to accept full responsibility of payment on a loan or when applying for an apartment, if the applicant falls through on a payment. Often required of an applicant who does not meet the minimum salary or credit requirement.
What is PIN - personal identification number?
This is needed for transactions that identifies your personal number to get into an account
Who should you list as a reference?
A teacher or any adult who has seen your work and skills
What is a copay?
A fixed amount for a covered service, paid by a patient to the provider of service before receiving the service
In Houston, it’s illegal to sell this vegetable on Sunday
Pickle
List 2 ways you can build credit
Open a credit card, pay credit card bills on time, keep card balances low, Student loan payments, pay monthly bills on time, having multiple credit card accounts, having a card account open for several years
What is interest?
Money the bank pays you for keeping your money in an account or the money you owe on money you borrow
Why do applications ask for your work history?
To find out what skills you have and how much experience you have
At what age are you no longer allowed to be listed as dependent under a guardian’s health insurance? AKA you need to get your own health insurance
26
In what state is it illegal to send a surprise pizza?
What is Louisiana?
Name 2 things that negatively impacts your car insurance rate
Speeding tickets, parking tickets, DUIs, car accidents, late payments, texting while driving, not wearing a seatbelt (getting a ticket), driving with a child under the age of 12 in the front seat, driving with expired tags
What is a “W-2”?
One important tax document you will need to complete filing of your Income Tax is your ____, which your employer must complete and send to you by January 31st
Name four components to your resume
1. Your name and contact information 2. Education 3. Skills 4. Previous work experience 5. References
What is a deductible?
The amount paid out of pocket by the policy holder before an insurance provider will pay any expenses.
In Denison and Dallas, this body function was once illegal to do in church?
sneezing
Name 2 forms you must fill out every year
FAFSA, license plate tags, taxes, rent leases (depending on location), memberships