Earning and Income
Trade School or College
Can You Read a Paystub
The Entrepreneur
Work Work Work Work
100
Fixed amount of money that you make in a single year.

Salary

100

Teachers

College

100
This is what is my pay before any deductions are withdrawn from my paycheck

Gross Income

100

Because Entrepreneurs make their own schedule, they don't have to work as hard as the regular work force.

True or False + Why?

FALSE, making your own schedule doesn't mean running a business is easy. In fact it can be much more difficult than working a regular 9-5

100

What you choose to study in college is called...

Academic Major

200

Typically involves compensation through benefits

Salary
200

Financial Advisor

College 

200

My take home pay is also known as what?

Net Income 

200

Name 2 Cons about being and Entrepreneur

No Guaranteed income, total responsibility, no benefits like health insurance or retirement.

200

Who can we talk to for resources regarding college?

Guidance Counselor 
300
Real Estate agents and Car Dealers make income through this method

Commission

300

Cosmetologist

Trade

300

Name 3 mandatory deductions that come out of every paycheck. HINT: one of them we don't have here in FL.

State Tax

Federal Tax

FICA

300

In order to start a business an Entrepreneur must have a product or a service that brings what to consumers?

Value

300

What 3 items do employers look for when they are attempting to hire someone? Where would they find these?

Skills, Work Experience, Education 

Resume' 

400

This type of pay would offer you time and a half for any hours worked over 40 per week. 

Wage or Overtime

400

Dental Assistant

Trade school

400

What does YTD stand for and explain how it works?

Year to date. How much you have earned or how much has been deducted so far in a year up until the current date of the pay check.
400

A small business has two characteristics, what are they?

Privately owned, less than 500 people.

400
If you finish trade school you often need to obtain what before you start working?

Certs or Licenses

500
About how much more do college graduates make than high school graduates over there lifetime?

Often 50%

500

Nurse

Both

500

This payroll deduction is mandatory and helps fund social security and medicare

FICA

500

List 3 characteristics of entrepreneurs

Hard working, competitive, innovative etc. 

500

Competition to your business would be what part of the SWOT chart?

Threat

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