CARRER READINESS
WHAT SHOULD YOU BRING TO AN INTERVIEW?
APPROPRIATE ATTIRE, YOUR RESUME, AND ANYTHING ELSE THAT YOUR EMPLOYER REQUESTED.
WHAT IS A SAVINGS ACCOUNT USED FOR?
TO STORE MONEY FOR FUTURE GOALS OR EMERGENCIES.
WHAT IS CREDIT?
THE ABILITY TO BORROW MONEY AND PAY IT LATER.
WHAT IS A BUDGET?
A PLAN FOR HOW TO SPEND AND SAVE MONEY.
WHAT IS INCOME?
MONEY EARNED FROM WORKING, INVESTMENTS OR OTHER SOURCES.
WHAT INFORMATION SHOULD BE ON A RESUME?
CONTACT INFO, EDUCATION,WORK EXPERIENCE, SKILLS, CERTIFICATION/TRAININGS
WHAT IS THE PURPOSE OF A CHECKING ACCOUNT?
TO MANAGE MONEY FOR EVERY DAY EXPENSES LIKE BILLS AND PURCHASES
WHAT IS A CREDIT SCORE?
A NUMBER THAT SHOWS HOW MUCH RESPONSIBLY SOMEONE USES CREDIT.
IF YOU EARN $1,000 AND SPEND $700, HOW MUCH DO YOU HAVE LEFT?
$300
WHAT IS THE DIFFERENCE BETWEEN HOURLY PAY AND SALARY PAY?
HOURLY PAY IS BASED ON THE NUMBER OF HOURS WORKED. SALARY IS A FIXED AMOUNT PAID OVER A PERIOD OF TIME.
YOU RECEIVE TWO JOB OFFERS, WHAT FACTORS SHOULD YOU COMPARE BEFORE CHOOSING ONE?
PAY, BENEFITS, SCHEDULE, COMMUTE, WORK ENVIRONMENT AND GROWTH
WHAT IS INTEREST?
MONEY EARND OR CHARGED FOR BORROWING OR SAVING MONEY.
NAME ONE WAY TO BUILD GOOD CREDIT
PAY BILLS ON TIME
KEEP BALANCES LOW
USE CREDIT RESPONSIBLY
WHAT IS THE 50/30/20 BUDGETING RULE?
50% NEEDS
30% WANTS
20% SAVINGS/DEBT PAYMENTS
WHAT ARE THREE FACTORS TO CONSIDER WHEN CHOOSING A CAREER?
JOB GROWTH, SKILLS, EDUCATION/TRAINING NEEDED, SALARY
NAME THREE THINGS YOU SHOULD DO BEFORE A JOB INTERVIEW.
RESEARCH THE COMPANY, PREPARE QUESTIONS AND REVIEW YOUR RESUME.
TRUE OR FALSE: KEEPING ALL YOUR MONEY IN A CHECKING ACCOUNT IS THE BEST WAY TO GROW YOUR SAVINGS.
FALSE
WHY CAN HAVING A LOW CREDIT SCORE MAKE LIFE HARDER?
IT CAN IT HARDER TO QUALIFY FOR LOANS, HOUSING OR LOWER INTEREST RATES.
YOU RECEIVE YOURT FIRST PAYCHECK. WHAT ARE THE FIRST THREE STEPS YOU SHOULD TAKE TO CREATE A BUDGET?
CALCULATE YOUR INCOME
LIST YOUR EXPENSES
DECIDE HOW MUCH TO SAVE/SPEND
DIFFERENCE BETWEEN GROSS AND NET PAY.
GROSS PAY IS THE AMOUTH EARNED BEFORE TAXES AND DEDUCTIONS. NET PAY IS THE AMOUNT YOU TAKE HOME AFTER DEDUCTIONS.
TRUE OR FALSE: YOUR SOCIAL MEDIA PRESENCE AND ATTITUDE CAN AFFECT YOUR CARRER OPPORTUNITIES.
TRUE
WHAT IS ROTH IRA, AND WHAT IS IT USED FOR?
INDIVIDUAL RETIREMENT ACCOUNT IS A RETIREMENT SAVIGS ACCOUNT THAT ALLOWS PEOPLE TO SAVE AND INVEST MONEY FOR THE FUTURE.
TRUE OR FALSE: CLOSING AN OLD CREDIT CARD ACCOUNT WILL ALWAYS IMPROVE YOUR CREDIT SCORE.
FALSE
YOU EARN $3,000 PER MONTH. YOUR EXPENSES ARE:
RENT:$1,000 FOOD:$400 TRANSPORTATION:$200
PHONE BILL:$100 HOW MUCH IS LEFT?
$1,300
TRUE OR FALSE: THE HIGHEST PAYING CAREER IS ALWAYS THE BEST CAREER CHOICE
FALSE