Housing
What are two ways to decrease your credit score?
1. Not paying your rent/mortgage on time
2. Not paying your bills on time
3. Not paying loans back or on time
4. Applying for too much credit at once
What are TAXES?
Mandatory payments collected from individuals or corporations
What is a 2-year degree called?
Associates Degree
Associate of Arts (AA) or Associate of Science (AS)
Name at least 3 different kinds of insurance
1. Home owners
2. Health
3. Car
4. Rental
5. Flood
6. Fire
7. Life
In what movie did Annabelle first appear?
The Conjuring
What are the 2 basic parts of a loan?
Principal and Interest
What's the difference between GROSS pay and NET pay?
Gross pay is the amount of money an employee makes before paying taxes or applying deductions.
Net pay is the amount left over after paying taxes and deductions.
How may years does it take (on average) to get your Bachelor's Degree?
About 4
How long can I stay on my parent's healthcare plan?
Until my 26th birthday.
What is the name of the killer clown comes around every 27 years to prey on children with their worst fears?
Pennywise
What is the 28% RULE?
The 28% Rule is a target that all home-buyers look to get as close to as possible. It says that around 28% of your income should go to your mortgage. Anything more that than and you risk not being able to balance your monthly budget.
Who would be exempt from paying income taxes (list two examples)?
1. If you income is low enough
2. If you don't work
3. Churches
4. Non-profits
What's one the difference between Colleges, Universities, and Vocational Schools?
Colleges - where you study to earn your undergraduate degree (Bachelors)
Universities - where you can study to earn you undergraduate or your graduate degree (Masters)
Vocational - where you study to learn skills related related to a specific career
You can get a ticket in California if you don't have this insurance.
Auto Insurance
What movie tops the Rotten Tomatoes list for scariest movie of all time?
The Exorcist
What are two "pros" to renting vs buying?
Flexibility, lower cost
What are a few examples of STATE TAXES?
Sales tax, property tax, corporate tax
In order to earn your degree, you'll need to complete classes in these two categories... your ______ courses and your _________ __________ courses.
Major courses
General Education courses
What is UNIVERSAL HEALTHCARE?
It's the idea or policy that everyone should have access to any essential healthcare services.
Which movie villain came out first; Freddy, Jason, Chucky, or Michael Myers?
Michael Myers
EQUITY... what is that?
Equity is the appreciated value you earn, typically from home or business ownership (the positive difference in value over time).
What is the federal tax rate for an individual making $88,000 annually?
22%
What does F.A.F.S.A. stand for?
Free Application of Federal Student Aid
What is a DEDUCTABLE?
Which horror movie franchise (name the movie) features scary looking creatures that track you by sound, not sight?